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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 ...
Bill Gross says GameStop now mirrors Bitcoin's patterns; the firm plans for more Bitcoin investments and possible crypto ...
GameStop jumped 12% in premarket trading on Wednesday, following the company's announcement that its board approved investing its cash and future debt into bitcoin. Shares of the struggling ...
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 ...
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 ...
Shares of GameStop Corp. rose more than 8% in extended trading Tuesday after the videogame retailer and original meme-stock company announced its eagerly anticipated foray into bitcoin.
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.
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.
The post sparked speculation on social media that GameStop is planning a bitcoin investment. Crypto-industry companies are seeing a bright future ahead under the more friendly Trump administration.
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 ...
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 ...