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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 has stopped buying Bitcoin since April. Moreover, X users noticed that Ryan Cohen, founder of GameStop, unfollowed ...
GameStop is exploring investments in alternative asset classes, including crypto and bitcoin in particular, three sources said. Shares of GameStop soared as much as 20% in extended trading ...
GameStop is exploring investments in alternative asset classes, including crypto and bitcoin in particular, three sources said. The company is still in the process of figuring out if this makes ...
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 ...
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 ...
GameStop trades at a P/E of 65, which is about three times higher than the average stock in the S&P, and that’s after GME fell from its 2021 highs. I suspect meme­sters in GME will continue to ...
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 ...
With 506,137 Bitcoin, Strategy is the largest corporate holder of Bitcoin. Now that GameStop has joined the select group of Bitcoin holding companies, Saylor is happy to see the tribe growing.
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.