Why More Companies Are Buying Bitcoin, Other Crypto Assets

Why More Companies Are Buying Bitcoin, Other Crypto Assets

On Croblanc, you like to find the freshest contents of the internet. Well, once again we'll be able to treat you because since March 29, 2025, a new video is available on Bloomberg Television's channel and that's why we're sharing it with you without further delay!

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For your information, you can find below the description of the video Why More Companies Are Buying Bitcoin, Other Crypto Assets published by the Youtube channel Bloomberg Television:

GameStop Corp., the struggling video-game retailer that became a favorite of retail traders during the meme stock frenzy in 2021, said its board has approved a plan to add Bitcoin as a treasury reserve asset.

The Grapevine, Texas-based firm is joining a growing list of public companies experimenting with using corporate cash or borrowed money to buy the digital asset in a bid to capitalize on the surge in Bitcoin. The gambit was pioneered by Michael Saylor’s Strategy, the enterprise software company formally known as MicroStrategy that has acquired more than $40 billion in Bitcoin and seen its share price soar.

Last month, GameStop Chief Executive Officer Ryan Cohen teased at the idea, posting a picture of himself and Saylor on the X social media platform.

Ayesha Kiani, MNNC Group Chief Operating Officer and NYU professor, discusses the growing institutional adoption of crypto-related assets and what the election of President Donald Trump has meant for the industry. Professor Kiani speaks with Paul Sweeney and Jess Menton on Bloomberg Radio.

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