Sources said GameStop is considering investing in bitcoin and other cryptocurrencies. The company is evaluating whether crypto investments align with its business strategy. CEO Ryan Cohen recently posted a photo with MicroStrategy's Michael Saylor, though sources say Saylor is not involved in GameStop's discussions. Under Cohen, the retailer has cut costs and streamlined operations, accumulating over $4 billion in cash for investments. Shares rose 20% in extended trading after the news.
