In December 2023, GameStop’s board of directors approved a new investment policy that permits the company to invest in equity securities, among other things. The board gave Cohen the authority ...
GameStop evaluates a proposal to invest $5 billion in Bitcoin, aimed at transforming its financial future as a gaming sector leader.
Ever since GameStop (GME) achieved meme stock fame in 2020, it has traded at valuations that seem entirely detached from its ...
Cohen joined GameStop's board in 2021 and became CEO of the video game retailer in 2023, after the Chewy (CHWY) cofounder took an interest in the company during the meme stock craze that sent ...
Shares of GameStop gained more than 7% in premarket trading following a report that the company is weighing a bitcoin investment.
Shares of GameStop Corp. were gaining more than 7% in extended trading Thursday, following a report that the company is weighing a bitcoin investment.