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GameStop Corp.’s GME collectibles segment stood out as the strongest performer in the first quarter of fiscal 2025, highlighting growing consumer engagement beyond traditional gaming products. Net ...
The shift would make the company more like MicroStrategy, which relies on Bitcoin purchases as a core of its business strategy. That might represent a more promising future for GameStop as sales ...
GameStop's fourth-quarter net income more than doubled to $131.3 million, compared to the same period last year, when it posted $63.1 million.
At this stage, however, full details of GameStop's bitcoin strategy have yet to be revealed. In the 10-K filing, the company said that a portion of its cash or future debt and equity issuances may ...
GameStop Corp. GME could provide a peek at holiday shopping demand when it reports third-quarter earnings after market close Tuesday. Earnings Estimates: Analysts expect the video game to report ...
GameStop has acquired 4,710 bitcoins as a hedge, CEO Ryan Cohen has said, keeping capital allocation cautious amid wider funding plans.
GameStop’s cash reserves stood at more than $4.77 billion as of Feb. 1, compared with $921.7 million a year earlier. The video game retailer posted $1.283 billion in net sales during the fourth ...
GameStop Corp. ’s GME collectibles segment stood out as the strongest performer in the first quarter of fiscal 2025, highlighting growing consumer engagement beyond traditional gaming products.
The decision echoes that of Strategy, the largest corporate holder of bitcoin, which in February dropped the word "Micro" from its name and unveiled a new logo, to emphasize its commitment to the ...