GameStop： There is no upper limit set for Bitcoin holdings, and it is possible to sell the Bitcoin holdings in the future

According to Business Insider, GameStop, a gaming platform, has previously stated in a brief statement that its board of directors has unanimously approved the updated investment policy to include Bitcoin as the company's financial reserve asset. This move is not entirely unexpected, as there have been many rumors in the market over the past few weeks about the Bitcoin layout of GameStop and its CEO Ryan Cohen. In the 10-K filing, GameStop revealed that the company may invest some of its cash, debt, or equity financing proceeds in Bitcoin in the future. "We have not set a limit on our Bitcoin holdings and may sell the Bitcoin we hold," GameStop also released its fourth quarter financial report on Tuesday evening. Data shows that as of February 1st, the company's revenue for the quarter was $1.283 billion, a significant decrease from $1.794 billion in the same period last year.