GameStop May Introduce Virtual Asset Payments

Source
Son Min

Summary

  • Ryan Cohen, CEO of GameStop, revealed that the company is reviewing the introduction of virtual asset payments.
  • He mentioned that payment options could include a variety of virtual assets, such as Bitcoin (BTC).
  • GameStop has already announced that it holds 4,710 Bitcoins.

GameStop is reportedly considering ways to allow payments with virtual assets (cryptocurrencies).

On the 16th (local time), Ryan Cohen, GameStop's CEO, said in an interview with CNBC, "We are considering allowing trading cards to be purchased using virtual assets" and added, "Payment options may include virtual assets such as Bitcoin (BTC)." He continued, "To implement this, we would first need to conduct a demand survey."

Meanwhile, GameStop has adopted a Bitcoin treasury strategy. The company currently holds 4,710 Bitcoins.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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