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Despite this drop in sales, GameStop achieved a significant increase in net income, which rose to $131.3 million from just $6.7 million in fiscal year 2023. The company’s ability to reduce SG&A ...
GameStop is closing more stores worldwide as it struggles with declining in-store game sales. The company has already shut down 1,000 locations in the past year, with more closures on the horizon.
GameStop confirmed speculation that it would be spending some of its cash reserves on Bitcoin in an SEC filing yesterday.
Video game retailer GameStop announced Tuesday its board has unanimously approved a plan to buy bitcoin with its corporate cash, a move that MicroStrategy became well-known for. The meme stock jumped ...
In the dynamic world of finance, even slight changes can significantly influence market sentiment. Early Wednesday, U.S. stock futures remained mostly unchanged after the S&P 500 achieved a marginal ...
The Genesis of the Strategy GameStop’s journey toward Bitcoin began gaining traction in early 2025, fueled by speculation and strategic hints from its leadership. The retailer, which has faced ...
Market predictions indicate Nintendo may start using Bitcoin on its balance sheet after GameStop announced its Bitcoin ...
Nintendo, the Japanese multinational known for its beloved gaming franchises, has historically maintained a conservative ...
GameStop's (GME) decision to add bitcoin (BTCUSD) to its investment policy as a treasury-reserve asset has been dubbed Strategy "lite" on social media. An aggressive buyer of the cryptocurrency, ...
GameStop shares surged after the company announced it is investing in Bitcoin as “a treasury reserve asset,” with no set limit on how much it plans to buy. GameStop shares are bouncing today ...
GameStop's board recently approved adding Bitcoin to its treasury reserve. GME stock jumped in New York following the announcement. Shares in GME may reflect Bitcoin's ...
Net sales were $1.283 billion for the fourth quarter, compared to $1.794 billion in the prior year's fourth quarter. Selling, general and administrative (“SG&A”) expenses were $282.5 million for the ...