GameStop has stopped buying Bitcoin since April. Moreover, X users noticed that Ryan Cohen, founder of GameStop, unfollowed ...

Bill Gross says GameStop now mirrors Bitcoin's patterns; the firm plans for more Bitcoin investments and possible crypto ...

GameStop’s purchase of 4,710 bitcoin marks its first cryptocurrency purchase since the videogame retailer announced earlier this year that it would make bitcoin a treasury-reserve asset.

GameStop's move echoes the actions of software maker Strategy, which has been stockpiling bitcoin for years. Last week, the company added $10.7 million of the cryptocurrency, adding to its ...

This week, GameStop quietly updated its investment policy to include Bitcoin as a treasury reserve asset. With approximately $4.78 billion in cash—nearly 37% of its $12.9 billion market cap ...

Bill Gross, a billionaire investor, won big by betting against GameStop and AMC. He plans to steer clear of the latest meme ...

Its investment in bitcoin will continue for several weeks, and GameStop shares fell about 10% to $31.50 during Wednesday trading, CoinDesk reported.

GameStop published a press release last night to confirm its Bitcoin acquisition. Based on Bitcoin’s valuation around the time of the purchase, GameStop spent north of $500 million on the purchase.

Today, just over halfway through the year, GameStop is trading at about $220 per share -- up over 1,000% since January 1st -- while Bitcoin is hovering around $33,000, close to its Jan. 1 price.

GameStop is the latest company to buy Bitcoin for its balance sheet. Microsoft shareholders rejected a proposal to add Bitcoin in December. This simple system has nailed 1,000+ post-earnings winners.

If you haven’t heard of the GameStop fiasco, you’ve probably heard of bitcoin, a cryptocurrency that has skyrocketed in value in recent years. As of Sept. 10, one bitcoin is valued around $45,000.

GameStop’s decision to allocate to Bitcoin wasn’t just bold—it was structurally appropriate. High liquidity: With over $4.78 billion in cash and equivalents, GameStop’s balance sheet provides room for ...