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Thursday’s gain was GameStop’s biggest daily percentage increase since April 4, when the stock rose 11.3%. GameStop’s stock ...
It is hard to see how the investment in bitcoin will drive GameStop's shares materially higher, Wedbush's Pachter said. While exchange operator Strategy trades at around twice the value of its ...
In a short statement, GameStop said its board had unanimously approved an update to its investment policy to add bitcoin as a treasury-reserve asset. The move did not come completely out of the ...
GameStop shares jumped as Bitcoin hit a record high, potentially fueled by retail enthusiasm. The company recently approved Bitcoin as a treasury reserve asset.
GameStop has updated its investment policy to include Bitcoin as a treasury reserve asset, but has yet to disclose the amount of Bitcoin it plans to acquire. GameStop Corp. (NYSE: GME) announced that ...
GameStop has approved a new digital asset investment plan letting the business put corporate money into U.S. dollar-denominated stablecoins and bitcoin.The board of directors unanimously endorsed ...
Bitcoin has reached new ... to act as some kind of cryptocurrency investment vehicle." Nevertheless, the crypto announcement helped juice the stock: GameStop shares soared 16% in premarket trading ...
GameStop’s Bitcoin move left many scratching their heads. But behind the confusion is a clear, calculated strategy that more CFOs should be watching closely. JUST IN: @GameStop updates its investment ...
The cryptocurrency has been on a months-long tear thanks to the pro-crypto Trump administration and April's tariff chaos.
The company expects to use the net proceeds from the offering for general corporate purposes, including buying bitcoin, it said. GameStop said Tuesday its board has approved investments in bitcoin ...
Shares of GameStop Corp. rose more than 8% in extended trading Tuesday after the videogame retailer and original meme-stock company announced its eagerly anticipated foray into bitcoin.