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GameStop has stopped buying Bitcoin since April. Moreover, X users noticed that Ryan Cohen, founder of GameStop, unfollowed ...
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 ...
Bill Gross, a billionaire investor, won big by betting against GameStop and AMC. He plans to steer clear of the latest meme ...
GameStop shares are down more than 30% in 2025, compared with the S&P 500 index’s gain of 2.8%. GameStop hints at its next bitcoin buy. The stock is tumbling.© Scott Olson/Getty Images ...
GameStop's investment in Bitcoin could lead to more volatility of the company's valuation, an analyst says after Q1 results. Aside from Bitcoin, the analyst says there aren't many positives for ...
After GameStop’s initial announcement of its shift in strategy, the company’s shares slid 23%. After the company announced its first Bitcoin investment, the company’s shares slid 10%.
Earlier this year, GameStop's board unanimously approved an update to its investment policy to add bitcoin as a treasury-reserve asset - following in the footsteps of software company and bitcoin ...
GameStop shares slid Thursday after the video game retailer announced plans for a $1.75 billion convertible notes offering to potentially fund its new bitcoin purchase strategy.
A cryptocurrency named after GameStop Corp. (NYSE:GME) blasted to triple-digit gains Wednesday after the video game retailer announced plans to raise over a billion dollars for investment purposes.
GameStop joined the ranks of the growing number of Bitcoin-buying public companies when it announced its first Bitcoin investment of 4,710 BTC, worth around $513 million at the time, on May 28.
GameStop's Bitcoin strategy What makes GameStop particularly interesting as a potential investment now is its well-capitalized balance sheet. It ended last quarter with $6.4 billion in cash -- a ...