GameStop Sales Strategies

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GameStop announces investment in Bitcoin

GameStop buys a half billion dollars’ worth of Bitcoin, but investors aren’t impressed—and shares are plummeting

GameStop says it has purchased roughly half a billion dollars’ worth of Bitcoin. That sent share prices lower as investors shrugged off the latest business strategy. Analysts have questioned why stockholders should support this plan.

· 15h · on MSN

Live Bitcoin News · 1d

GameStop Buys 4,710 Bitcoin in First Crypto Investment

· 1d

GameStop pulls the trigger, discloses $513 million Bitcoin investment

GameStop makes its first bitcoin buy. Here’s why the stock is pulling back.

GameStop Corp. shares were falling Wednesday after the videogame retailer announced its first purchase of bitcoin on a day that bitcoin prices fell.

· 1d

GameStop Just Bought Half A Billion Dollars Worth Of Bitcoin

· 1d

‘Buckle Up’—GameStop Confirms Bitcoin Bombshell As Wild Speculation Fuels Huge Price Surge

Gadget Review on MSN16hOpinion

GameStop's $500M Bitcoin Bet: When Meme Stocks Go Full Crypto

GameStop drops $500M on Bitcoin in first crypto bet. Stock falls 10% as investors question meme stock's risky pivot from retail to speculation.

1don MSN

GameStop makes heads turn with surprising treasury move

GameStop (NYSE: GME), the American gaming merchandise retailer, made a surprising move by acquiring 4,710 Bitcoin to add to its corporate balance sheet on May 28.

Blockonomi1d

GameStop Adds 4,710 BTC to Treasury: Could This Push Bitcoin to New ATH?

GameStop bought 4,710 BTC, marking its cryptocurrency debut and fueling optimism for a new Bitcoin all-time high.

Inc2mon

GameStop Just Pulled a MicroStrategy

Net sales, however, hit $1.28 billion ... GameStop, meanwhile, has returned 67% in the same stretch. Not unlike Strategy, though, GameStop trades like a stock with a compelling story rather ...

Morningstar8mon

GameStop price target cut as analyst cites retailer's lack of strategy

Related: GameStop's stock sinks after sales fall, 20 million share stock ... but with no replacement strategy in sight, management indirectly indicates that it is no longer beholden to shareholder ...

TheStreet.com2mon

GameStop takes a page from MicroStrategy’s playbook with $1.3B convertible notes offering

GameStop (NYSE: GME) is leaning into a strategy pioneered by MicroStrategy ... 584.1 million Bitcoin purchase using proceeds from stock sales.

Retail Dive5mon

GameStop eyes more store closures amid 20% sales drop

Although GameStop is generating income, the company appears to have no strategy to deploy the capital ... Year over year net sales were down for the quarter for the company’s three main product ...

USA Today2mon

GameStop invests in Bitcoin, shares surge 11.6% before post-market drop

While exchange operator Strategy trades at around twice the value of its bitcoin assets, GameStop shares trade ... $131.3 million in the fourth quarter. Sales fell about 30% to $1.28 billion.