Odaily Planet Daily News GameStop has previously stated in a brief statement that the board of directors has unanimously approved the updated investment policy to use Bitcoin as the company's financial reserve asset. This move is not entirely unexpected, as there have been many rumors in the market in the past few weeks surrounding GameStop and its CEO Ryan Cohen's Bitcoin layout. In the 10-K filing, GameStop revealed that the company may invest part of its cash, debt or equity financing in Bitcoin in the future. "We have not set an upper limit on our Bitcoin holdings and may sell the Bitcoin we hold." GameStop also released its fourth-quarter financial report on Tuesday night. Data shows that as of February 1, the company's revenue for the quarter was US$1.283 billion, a sharp drop from US$1.794 billion in the same period last year. (BusinessInsider)