GameStop CEO Says Bitcoin Bet Is a Hedge, Not a Strategy Copy

GameStop has acquired 4,710 bitcoins as a hedge against macro uncertainty, CEO Ryan Cohen has said, noting that capital deployment will stay disciplined. Alongside a $2. 25 billion zero-coupon convertible note raise, the retailer has shifted its business mix toward trading cards and collectibles. source: https://cryptonews.com/news/gamestop-ceo-bitcoin-hedge-not-strategy-copy/