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Gamestop (GME), trillion -dollar asset manager T. Rowe Price calls the growing list of public companies that add Bitcoin to its treasures, as it calls “a really good time için to buy the crypto currency.
Gamestop said S4 earnings report The Board unanimously approved by adding bitcoin to the treasury. The video game retailer plans to use corporate cash or future debt exports to purchase BTC and USD-PEGGED Stablecoins.
Depicted in Donald Trump’s Mar-a-lago with Gamestop CEO Michael Saylor
Gamestop CEO Ryan Cohen returned in early February when he released a picture of him and Michael Saylor, Chairman of the Strategy, in Donald. Trump’s Mar-a-lago estate.
– Ryan Cohen (@ryancohen) February 8, 2025
Gamestop’s cash reserves remained over $ 4,77 billion as of February 1st.
In the days after Cohen’s Picture with Saylor, Strive Asset Management CEO CEO Matt Cole called on Gamestop CEO to use some of the important reserves for the acquisition of the company. Bitcoin.
T. Rowe Price says that buying BTC is “really good time”
According to T. Rowe Price’s Global Technology Portfolio Manager Dominic Rizzo, Gamestop’s decision to add BTC to the Treasury is coming at a perfect time. Speaking at the Change Conference in Las Vegas, Rizzo said it is now a good time to expose Bitcoin.
He made comparisons between Bitcoin’s price and a ordinary commodity, and shared his thoughts about how investors should now think about buying BTC.
T. Rowe Price PM Dominic Rizzo said it was a little bitcoin, but it wasn’t gold.
The technology fund, which is currently allocated to Coinbase, states Nubank and Robinhood as attractive companies in the crypto/digital payment sector. pic.twitter.com/m7wpxvogae
– I starack 🟪 (@strack_ben) 25 March 2025
“Bitcoin himself was very close to my average cost, R Rizzo said. “So, if you think of it as a traditional commodity, it is actually a really good time to be exposed to it historically.”
Bitcoin is trading at $ 87,960 as of EST 4:51 AM after winning 1.4% in the last 24 hours and 5.3% last week. CoinMarketcap data.
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