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GameStop has stopped buying Bitcoin since April. Moreover, X users noticed that Ryan Cohen, founder of GameStop, unfollowed ...
Bill Gross, a billionaire investor, won big by betting against GameStop and AMC. He plans to steer clear of the latest meme stocks.
GameStop's strong cash reserves, rapid growth in collectibles, and improving profitability present a compelling turnaround ...
GameStop CEO Ryan Cohen fueled speculation over the weekend when he posted a picture on X with Michael Saylor, the co-founder and chairman of MicroStrategy, the largest corporate holder of Bitcoin.
GameStop shed nearly $3 billion in market capitalization on March 27 as investors second-guessed the videogame retailer’s plans to stockpile Bitcoin (BTC), according to data from Google Finance.
The analyst said GameStop has gained around $8 million on its Bitcoin purchase since late May, but the company's value remains around $12.50 per share based on cash, securities and cryptocurrency.
NEW YORK — GameStop shares sunk Thursday after its plan to sell debt in an effort to fund purchases of bitcoin raised some questions on Wall Street. The video game retailer announced a private ...
If Bitcoin continues to appreciate in value, GameStop's move could look like a stroke of genius in a few years. But if it falls, it could end up being a poor capital allocation decision.
Video game retailer turned meme stock GameStop is considering investing in bitcoin and other cryptocurrencies, according to sources familiar with the matter. Stream NBC 5 for free, 24/7, wherever ...
For a stock that was so widely loved and hated at the same time, GameStop (GME) has sort of wilted away from the public eye. Once the center of the Reddit r/WallStreetBets, GME shares have been ...
Today, GameStop's 4,710 BTC has a market value of approximately $500 million, which makes it roughly 5% of the stock's $10 billion market cap. The company will have to acquire much more Bitcoin to ...