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.

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 ...

GameStop shares are trading higher Tuesday continuing a broader upward trend over the past month, during which the stock has ...

Intuit’s deplatforming and anti-bitcoin stance could harm shareholder value, Cole said, while urging adoption of BTC as a ...

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 ...

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