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GameStop boss Ryan Cohen said Tuesday on CNBC’s Squawk Box that the company’s recent crypto play is strictly about protecting itself from inflation, not trying to copy other firms. “I look at it as a ...
GameStop is exploring investments in alternative asset classes, including crypto and bitcoin in particular, three sources said. Shares of GameStop soared as much as 20% in extended trading ...
GameStop's Ryan Cohen discusses the firm's $500M Bitcoin investment as inflation hedge and possible crypto acceptance for trading cards.
This week, GameStop quietly updated its investment policy to include Bitcoin as a treasury reserve asset. With approximately $4.78 billion in cash—nearly 37% of its $12.9 billion market cap ...
GameStop, the US video game and consumer electronics retailer, has confirmed its first Bitcoin investment, acquiring 4,710 Bitcoin, according to a statement posted May 28 on the company’s X account.
NEW YORK — 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 ...
GameStop is the latest company to buy Bitcoin for its balance sheet. Microsoft shareholders rejected a proposal to add Bitcoin in December. Live Sunday: Matt Maley’s Volatility Trading Plan for ...
GameStop is exploring investments in alternative asset classes, including crypto and bitcoin in particular, three sources said. The company is still in the process of figuring out if this makes ...
GameStop’s decision to allocate to Bitcoin wasn’t just bold—it was structurally appropriate. High liquidity: With over $4.78 billion in cash and equivalents, GameStop’s balance sheet provides room for ...
Video game retailer turned meme stock GameStop is considering investing in bitcoin and other cryptocurrencies, according to sources familiar with the matter. Stream NBC 5 for free, 24/7, wherever ...