News

GameStop scoops up 4,710 Bitcoin worth over $500M, shares jump 3%
GameStop Corp. (NYSE: GME) has seen a notable rise in its stock price driven by the company's unexpected entry into the ...
Yahoo Finance2d
GameStop pulls the trigger, discloses $513 million Bitcoin investment
This marks GameStop’s first direct foray into cryptocurrency holdings since it signaled its intent to invest in digital assets earlier this year. The move echoes a growing trend among corporations ...
New York Post2mon
GameStop shares surge after firm pledges to buy bitcoin, close physical stores
GameStop said Tuesday that its board has unanimously ... to emphasize its commitment to the cryptocurrency space. Strategy said that the rebranding was “a natural evolution” as it seeks ...
Hosted on MSN3mon
GameStop Stock Rallies On Bitcoin Speculation After Ryan Cohen’s Meeting With Strategy’s Michael Saylor: Retail Skeptical
GameStop previously explored cryptocurrency ventures but retreated in 2023 when it shut down its digital asset wallet business, citing "regulatory uncertainty." The wallets had enabled users to ...
Retail Dive2mon
GameStop to close ‘significant number’ of stores, invest in bitcoin
GameStop is getting ready to reduce its store ... maximum amount of bitcoin it may accumulate and it may sell any of the cryptocurrency it may acquire, according to a filing with the SEC.
New York Post2mon
GameStop shares plummet 22% as pivot to bitcoin alarms investors
The timing of GameStop’s decision to buy bitcoin is also in focus as the cryptocurrency’s price has gained nearly 27% since November’s presidential election, though they are sharply down ...
Seeking Alpha8mon
GameStop: Likely Turning Into An Investment Company, Initiate With 'Strong Sell'
I would be very concerned if GameStop became involved in any cryptocurrency-related business ... his success with his investment company, RC Ventures LLC. However, I don't think it makes sense ...
Inc2mon
GameStop Just Pulled a MicroStrategy
What makes the timing more notable, of course, is President Trump’s embrace of cryptocurrency and the White House’s recent announcement of a bitcoin strategic reserve. That said, GameStop ...
USA Today2mon
GameStop invests in Bitcoin, shares surge 11.6% before post-market drop
Cryptocurrency news: Trump is establishing a U.S. crypto reserve. What is bitcoin again? There was some chatter on social media about the company's interest in bitcoin after GameStop CEO Ryan ...
NBC New York2mon
GameStop shares soar 12% after retailer says it will invest corporate cash in bitcoin like MicroStrategy
Our Bitcoin strategy has not been tested and may prove unsuccessful," GameStop said in a U.S. Securities and Exchange Commission filing. Bitcoin, the world's largest cryptocurrency, has ridden a ...