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GameStop says it’s adding Bitcoin as a Treasury reserve assetGameStop did not set a limit for how much Bitcoin it’s willing to buy. The company is following the same approach that Michael Saylor took at MicroStrategy, now rebranded as Strategy.
Shares of GameStop tumbled 22% on Thursday after the company’s plan to finance its bitcoin pivot raised questions about the timing of its move and its strategy to turn around its struggling ...
GameStop GME.N shares were back in action as the company's move to hoard bitcoin brought retail investors back to their favorite meme stock. The video game retailer's shares rose 11.6% to $28.36 ...
With its eagerly anticipated move into bitcoin, videogame retailer and original meme-stock name GameStop Corp. is following in the cryptocurrency footsteps of software company and bitcoin play ...
GameStop shares sunk Thursday after its plan to sell debt in an effort to fund purchases of bitcoin raised some questions on Wall Street. The video game retailer announced a private offering of $1 ...
GameStop (GME) stock slid nearly 25% on Thursday as the company announced it's attempting to raise $1.3 billion to buy bitcoin (BTC-USD). The company will attempt to raise the funds via ...
GameStop said it anticipates closing a "significant number" of additional stores this fiscal year and revised its investment policy, paving the way for the video game retailer to invest in bitcoin ...
GameStop (NYSE: GME) is leaning into a strategy pioneered by MicroStrategy, announcing a $1.3 billion private offering convertible senior notes due 2030 — with potential plans to use the ...
GameStop said Tuesday that its board has unanimously approved the addition of bitcoin as a treasury reserve asset. GameStop shares jumped 7% to $27.23 in after-hours trading. The decision echoes ...
After GameStop closed about a quarter of its locations within the past year, shuttering 1,000 stores across the world, the company said it’s not close to done. And as the struggling company ...
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