GameStop CEO: Buying BTC to Hedge Against Inflation, Will Not Imitate Strategy

GameStop CEO Ryan Cohen stated in an interview with CNBC that the company will not follow the Strategy model, but has its own unique strategy. Currently, GameStop has a very strong balance sheet with over $9.000 billion in cash and marketable securities. The previous purchase of 4,710 $BTC was simply to view Bitcoin as a tool to hedge against inflation and global money printing. (CNBC) [Odaily Planet Daily News]