GameStop CEO: Trading cards and collectibles may support cryptocurrency payments in the future

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According to ChainCatcher and Cointelegraph, GameStop CEO Ryan Cohen stated in a CNBC 'Squawk Box' interview that due to rising costs, the company is adjusting its strategy, reducing hardware dependence, and focusing on trading cards and collectibles business, which may potentially be purchasable with cryptocurrency in the future.

He mentioned that there is an opportunity to buy trading cards with cryptocurrency and will pay attention to actual demand. He believes: "Cryptocurrency is not only an investment but also a hedge against inflation, which is its current greatest demand. Using cryptocurrency in transactions is an opportunity and a focus for the company."

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