News

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 ...
The pivot to Bitcoin puts GameStop on a similar path to Strategy (MicroStrategy) (NASDAQ: MSTR), and investors hope it will produce similar results. Strategy's share price is up nearly 150% over ...
GameStop has acquired 4,710 bitcoins as a hedge, CEO Ryan Cohen has said, keeping capital allocation cautious amid wider funding plans.
GameStop's Ryan Cohen discusses the firm's $500M Bitcoin investment as inflation hedge and possible crypto acceptance for trading cards.
How companies like MicroStrategy and SharpLink are using crypto treasury strategies to reshape corporate finance with bitcoin ...
Bitcoin treasuries have moved from a curiosity to a capital markets trend with teeth. What began as MicroStrategy’s audacious ...
Shares of GameStop Corp (NYSE:GME) are pushing higher in Monday afternoon trading, seeing a spike in volatility despite a ...
GameStop's Bitcoin strategy What makes GameStop particularly interesting as a potential investment now is its well-capitalized balance sheet. It ended last quarter with $6.4 billion in cash -- a ...
The purchase of Bitcoin does not make GameStop a buy. The core business, while having made some improvements, does not appear to have a clear or sustainable long-term strategy.
Strategy, formerly known as MicroStrategy, has been accumulating Bitcoin for several years -- and has used some convertible debt to do it. And it's tough to argue with management's decision.