U.S. stocks opened, and GameStop surged over 13% after earnings
ChainCatcher news, according to Jinshi reports, U.S. stocks opened with the Dow up 0.16%, the S&P 500 down 0.08%, and the Nasdaq down 0.3%. GameStop (GME.N) surged over 13% after earnings.
ChainCatcher previously reported that the video game retailer GameStop updated its investment policy to include Bitcoin as part of its corporate reserve assets. The document states, "The company's investment policy allows for investments in certain cryptocurrency assets, including Bitcoin and U.S. dollar stablecoins. If the company acquires Bitcoin or U.S. dollar stablecoins, the company will face specific risks associated with Bitcoin or stablecoins; as well as the company's ability to maintain effective internal financial reporting controls."
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