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Cryptopolitan on MSNGameStop has not bought Bitcoin since April, and Ryan Cohen unfollowed major Bitcoin accounts on X
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 ...
Bill Gross, a billionaire investor, won big by betting against GameStop and AMC. He plans to steer clear of the latest meme ...
GME's core business is shrinking, and management shows little interest in revitalizing it. Click here to find out why GME ...
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Will GameStop's Bitcoin Swing Be a Home Run or an Epic Fail? - MSN
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.
Perennial meme stock GameStop (NYSE: GME) has taken its shareholders on another roller-coaster ride of volatility so far in 2025. In May, its stock price soared to $35.81, near a 52-week high, but ...
The price of bitcoin has stayed largely above the $100,000 mark for more than two months, boosting the value of the nearly 1 ...
GameStop fell double digits after-hours on June 11 after announcing its $1.75 billion convertible note offering at 0% interest, which could be used to buy 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.
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.
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