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GameStop (GME) to Add Bitcoin as a Treasury Reserve Asset

GameStop (GME) has announced its plans to add the Bitcoin cryptocurrency (BTC) as a treasury reserve asset. The company’s board unanimously approved the update to GameStop’s investment policy on Tuesday. GameStop shared the news in its Q4 2024 update released today. An announcement regarding Bitcoin pic.twitter.com/gG8JRarIok — GameStop (@gamestop) March 25, 2025 “The Company’s investment policy permits investments in certain cryptocurrency assets, including Bitcoin and U.S. dollar-denominated stable coins…” GameStop announced. “The Company acquires Bitcoin or U.S. dollar-denominated stable coins, the Company will be exposed to certain risks associated with Bitcoin or stable coins, respectively.” News around GameStop looking into cryptocurrencies broke back in February 2025, causing GME stock to climb over 20% for some time. After Tuesday’s bell closing, GME has already risen over 7%. The popular gaming retailer could be following i...

Alphabet: Truist Financial Gives GOOGL Updated $220 Target

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In what is a continued sign of the health of Alphabet (GOOGL), analysts at Truist Financial have updated the company’s price target to $220. Indeed, research has also given the stock a buy rating as it continues to perform positively, catching up with other Magnificent Seven stocks. Google has been a dominant force in the tech space throughout this year. Moreover, its performance has led it to be one of the best high-growth stocks on Nasdaq throughout 2024. However, the growth is expected to continue with the company expanding its use of AI and cloud-based technologies. Source: TechCrunch Also Read: Alphabet (GOOGL): Analysts Say Google is a Buy-Now Stock GOOGL Gets Updated Target, Buy Rating in Recent Report. Alphabet has remained one of the most dominant tech stocks in the United States. Google is among the most popular websites on the planet, with brands like YouTube, Gmail, and the Android operating system only adding to its value. Yet, the continued work on these platforms ha...