GameStop faces internal debate over BTC investment strategy

Strive Asset Management CEO Matt Cole said GameStop stakeholders are divided over how much Bitcoin the company should buy after raising $1.5 billion through convertible notes. While a Bitcoin purchase is expected, the extent remains undecided. GameStop had previously amended its investment policy to allow Bitcoin purchases, mirroring strategies used by firms like Strategy (formerly MicroStrategy). Despite Strive’s push for an aggressive Bitcoin treasury strategy, opinions within GameStop’s board and its Superstonk community remain mixed, Decrypt reported.