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GameStop shares are missing the latest bout of meme-stock trading.They were little changed in early Friday trading, and have ...
GameStop's Ryan Cohen discusses the firm's $500M Bitcoin investment as inflation hedge and possible crypto acceptance for ...
Trump Media’s stock rallied to a six-week high Tuesday — with bitcoin approaching another record high — as the parent of ...
GameStop boss Ryan Cohen said Tuesday on CNBC’s Squawk Box that the company’s recent crypto play is strictly about protecting ...
GameStop CEO Ryan Cohen told CNBC’s Squawk Box that the video game retailer is “going to look at all cryptocurrencies” as a ...
In a strategic repositioning, the GameStop CEO hints at a willingness to accept cryptocurrency in exchange of trading ...
First, investors learned on May 28 through a company press release that GameStop had purchased 4,710 Bitcoins, which means that the company invested approximately $500 million in the digital asset.
Shares of GameStop Corp (NYSE:GME) are climbing marginally higher Monday afternoon, lifted potentially by a powerful rally in ...
GameStop announced on Wednesday that it bought 4,710 bitcoin, which is worth over $500 million at the time of the purchase. GameStop stock remains a bit inflated from where it was before the ...
Bitcoin Strategy May Not Win Over Stock Investors. GameStop's purchase of 4,710 bitcoins on May 28 for around $500 million was one of the highlights in Pachter's note.
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.
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. Should ...