GAMESTOP TO ADD BITCOIN TO BALANCE SHEET

Summary from the TLDR Crypto newsletter

GameStop has announced plans to add Bitcoin as a treasury reserve asset after a unanimous board vote. The company has nearly $5 billion in cash in its treasury, though the amount to be allocated to Bitcoin has not yet been determined. Speculation that GameStop would make this decision started after a picture surfaced of CEO Ryan Cohen and MicroStrategy's Michael Saylor at Trump's Mar-a-Lago. GME shares are up nearly 6% on the news in after-hours trading.