GameStop wants to be more like MicroStrategy—and those plans are boosting the stock Friday. But it may make the already highly speculative stock even more of a gamble. According to CNBC, which cited people familiar with the matter,

GameStop is exploring investments in alternative asset classes, including crypto and bitcoin in particular, three sources said.

GameStop is considering Bitcoin investment after meeting Michael Saylor, while closing stores and reviving game promos.

GameStop (NYSE:GME) shares are pushing higher in Friday’s early trading with investors appearing to applaud rumors of a new strategy.Maximize

Video game retailer and meme stock GameStop is considering investments in Bitcoin and other cryptocurrencies, according to a CNBC report. Following the news, GameStop shares surged as much as 20% in after-hours trading. Since then, the stock has cooled off and trades are around 7% higher.

Earn Free Bitcoin Before the Bitcoin 2025 Bull Run with BTC Bull Token GameStop, the well-known video game retailer, is reportedly

The video game retailer closed its NFT marketplace and crypto wallet in the last few years, but it is now considering a Bitcoin investment strategy.

Ryan Cohen posted a picture with Michael Saylor over the weekend. Investors are wondering if GME is considering shifting focus to BTC.