GameStop Corp. announced its decision to adopt Bitcoin as a treasury reserve asset, with unanimous board approval. This move aligns with the company's recent engagements in the cryptocurrency space, including CEO Ryan Cohen's meeting with Michael Saylor of Strategy. Following the announcement, GameStop's stock experienced an 8% rise in extended trading.

Fidelity Investments is testing a dollar-pegged stablecoin through its digital assets arm, aiming to facilitate cash transactions in cryptocurrency markets. This initiative aligns with the U.S. government's development of its first cryptocurrency regulatory framework.