GameStop took a big step into the cryptocurrency market this week, announcing that it has acquired over $500 million worth of Bitcoin.

Perhaps the real winner in GameStop's move — and Trump Media's bitcoin acquisition — is, in fact, Strategy itself, which yet again sees its strategy validated by the sincerest form of flattery. As my colleague Ines Ferré reports, dozens of corporations have added bitcoin to their treasuries, amounting to more than 3% of the global supply.

By investing in Bitcoin, GameStop doubles down on its outsider identity. Discover how this decision resonates with crypto values and what it could mean for corporate treasury trends.

GameStop (GME) has just added a massive amount of Bitcoin (BTC) to its balance sheet as a treasury reserve asset.