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Cryptopolitan on MSNGameStop has not bought Bitcoin since April, and Ryan Cohen unfollowed major Bitcoin accounts on X
GameStop has stopped buying Bitcoin since April. Moreover, X users noticed that Ryan Cohen, founder of GameStop, unfollowed ...
GameStop's strong cash reserves, rapid growth in collectibles, and improving profitability present a compelling turnaround ...
Bill Gross says GameStop now mirrors Bitcoin's patterns; the firm plans for more Bitcoin investments and possible crypto ...
Bill Gross, a billionaire investor, won big by betting against GameStop and AMC. He plans to steer clear of the latest meme ...
Today, GameStop's 4,710 BTC has a market value of approximately $500 million, which makes it roughly 5% of the stock's $10 billion market cap. The company will have to acquire much more Bitcoin to ...
GameStop now owns just over 4,700 bitcoins, making that its largest investment of the year by far. Still, even at such a size, the bitcoin price would have to rise dramatically for this to have a ...
KindlyMD announces a $679 million bitcoin treasury acquisition, raising its total holdings to 5,764.91 BTC through Nakamoto ...
If Bitcoin continues to appreciate in value, GameStop's move could look like a stroke of genius in a few years. But if it falls, it could end up being a poor capital allocation decision.
If Bitcoin continues to appreciate in value, GameStop's move could look like a stroke of genius in a few years. But if it falls, it could end up being a poor capital allocation decision.
The company acquired 4,710 Bitcoin—worth over $500 million at its current price—with funds raised in a similar debt financing round from April in which GameStop raised $1.5 billion.
Perennial meme stock GameStop (NYSE: GME) has taken its shareholders on another roller-coaster ride of volatility so far in 2025. In May, its stock price soared to $35.81, near a 52-week high, but ...
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