According to CNBC, GameStop CEO Ryan Cohen stated that the company views cryptocurrency as a hedge against inflation and global currency overissuance. He clarified that GameStop does not intend to replicate Strategy's Bitcoin strategy, and currently the company has over $9 billion in cash and marketable securities, with a strong balance sheet. Previously, GameStop purchased 4,710 Bitcoin at the end of May, with a total value of over $500 million at the time. [Wu Blockchain]