Investors are constantly looking to diversify their portfolios, and as such they have to consider investing in various assets, including cryptocurrencies and stocks.

The report comes a week after GameStop CEO Ryan Cohen posted a photo on X of him and the bitcoin evangelist and Strategy chair Michael Saylor.

The video game retailer closed its NFT marketplace and crypto wallet in the last few years, but it is now considering a Bitcoin investment strategy.

GameStop wants to be more like MicroStrategy—and those plans are boosting the stock Friday morning. According to CNBC, which cited people familiar with the matter, GameStop, a videogame retailer, is considering investing in Bitcoin and other cryptos.