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Cryptopolitan on MSNGameStop stopped buying Bitcoin; Cohen unfollows Bitcoiners on X
GameStop has stopped buying Bitcoin since April. Moreover, X users noticed that Ryan Cohen, founder of GameStop, unfollowed ...
Bill Gross, a billionaire investor, won big by betting against GameStop and AMC. He plans to steer clear of the latest meme ...
GameStop's strong cash reserves, rapid growth in collectibles, and improving profitability present a compelling turnaround ...
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 ...
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 ...
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 price of bitcoin has stayed largely above the $100,000 mark for more than two months, boosting the value of the nearly 1 ...
GameStop's Ryan Cohen discusses turning the Nintendo Switch 2 'Staplegate' into a charitable win, the company's financial turnaround, and his views on Bitcoin.
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.
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 ...
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