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GameStop shares jumped 15% Wednesday, a day after the retailer released fourth-quarter results and announced the addition of Bitcoin to its corporate investment policy.
We recently published a list of 10 Stocks on Analysts’ Radar Amid Tariff Turbulence. In this article, we are going to take a ...
Video game retailer GameStop on Tuesday announced that it anticipates closing a "significant number" of stores in fiscal 2025 and will invest company cash in bitcoin.
Update 3/27/2025 3:31 p.m. ET: Surprise! GameStop announced it’s going to use $1.3 billion in new debt to finance its ...
After GameStop closed about a quarter of its locations within the past year, shuttering 1,000 stores across the world, the ...
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 ...
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 ...
Shares of GameStop fell more than 15% on Thursday after the company’s plan to finance its bitcoin pivot raised questions about the timing of its move and its strategy to turn around its ...
GameStop shares are trading higher Tuesday continuing a broader upward trend over the past month, during which the stock has ...
Shares of GameStop fell more than 15% on Thursday after the company's plan to finance its bitcoin pivot raised questions about the timing of its move and its strategy to turn around its struggling ...
GameStop updated its corporate investment policy to include Bitcoin, sending shares higher in extended trading Tuesday.
“Investors are not necessarily optimistic on the underlying business,” said Bret Kenwell, US investment analyst at eToro. “There are question marks with GameStop’s model. If bitcoin is ...
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