GameStop CEO: Buying Bitcoin is to hedge against inflation, will not mimic Strategy

ChainCatcher news, according to CNBC, GameStop CEO Ryan Cohen stated in an interview with CNBC's financial program that the company will not follow the Strategy model, but rather has its own unique strategy.

Currently, GameStop has a very strong balance sheet, with over $9 billion in cash and securities, and the previous purchase of 4,710 BTC was merely to view Bitcoin as a hedge against inflation and global money printing.