The American company Gamestop, which sells video games and game consoles, announced that its board of directors unanimously approved the use of the first cryptocurrency as a backup asset.

The company emphasized that in accordance with this decision, an investment policy will be updated, and the purchase of bitcoins will be carried out at the expense of corporate funds.

Part of the money or future debt obligations and shares of GameStop can be invested in bitcoin and stablecoins tied to the US dollar. At the same time, the GameStop did not set the limit on the number of bitcoins that the company can purchase.

The company did not exclude that the decision to accumulate cryptocurrencies can subject its investment portfolio risks associated with quotes of virtual assets.

“The company will be subject to risks associated with bitcoin or stablecoins. Bitcoin historically experienced significant price volatility, had limited liquidity and trade volumes. Additional factors can lead to the fact that the results will differ from those reflected in the statements of the GameStop of a forecast nature, ”the income report sent by the company to the US Securities and Exchange Commission (Sec).

Gamestop follows the example of the developer of the STRETEGY software (former Microstrategy), which bought bitcoins for more than $ 33 billion, and became the largest corporate holder of the first cryptocurrency – more than 50,000 BTC are stored on its balance sheet.

Earlier, the Tabit Insurance Insurance Company, registered in Bermuda Islands, reported the launch of policies for its customers with security in bitcoins.