March 25 (Reuters) - GameStop ( GME ) said on Tuesday

that its board has uanimously approved the addition of bitcoin

as a treasury reserve asset.

It also posted a rise in fourth-quarter profit, helped by

the videogame retailer's efforts to reduce costs and a faster

turnaround in its mainstay of retailing videogame hardware and

merchandise.

GameStop ( GME ) posted fourth-quarter net income of $131.3 million,

compared to a net income of $63.1 million last year.