GameStop shares jumped 15% Wednesday, a day after the retailer released fourth-quarter results and announced the addition of ...
GameStop plans to acquire Bitcoin with a $1.3 billion stock offering, boosting its price but increasing debt risk.
GameStop (NYSE:GME) shares jumped ~12% in Wednesday’s session after the videogame retailer released its fiscal fourth quarter ...
GameStop Corp (NYSE:GME) shares are trading higher Wednesday after the company reported fourth-quarter earnings and announced ...
The move comes shortly after President Trump’s executive order, signed earlier this month, to establish a strategic reserve ...
Update 3/27/2025 3:31 p.m. ET: Surprise! GameStop announced it’s going to use $1.3 billion in new debt to finance its excursion into Bitcoin. The money will come from issuing new meme stock that won’t ...
who keenly track the so-called “meme stock.” GameStop shares tumbled 22% on Thursday. Bloomberg via Getty Images However, GameStop also announced the closing of a “significant number” of ...
Video game seller GameStop said it will now include bitcoin in its financial investments, and investors are piling in. On ...
The company did not immediately respond to a request for comment from Fortune.
GameStop (NYSE ... motion by sharing a photo with Michael Saylor on X. Speaking of Saylor, his firm, Strategy, now holds over 447,000 Bitcoin, a bet that has sent its stock skyrocketing over ...
GameStop isn’t the only company to change its business model to focus more on crypto investing. Software company Strategy adopted Bitcoin as a reserve asset in 2020, and has seen its stock price ...