Strive Asset Management has urged GameStop to allocate a portion of its $5 billion cash reserves to Bitcoin, aiming to hedge against inflation and drive long-term growth. The firm suggests that incorporating Bitcoin into the company’s treasury would position it as a leader in the gaming industry. Matt Cole, CEO of Strive Asset Management, believes this investment could enhance GameStop’s financial standing while mitigating inflation risks. 🧠This proposal comes as GameStop has been actively exploring blockchain initiatives, with its previous forays into NFTs hinting at potential interest in digital assets. 🎲 The company hasn’t yet responded to Cole’s recommendation, but it is currently considering different investment avenues, including those focused on Bitcoin. 💼