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The company said Tuesday its board voted unanimously to raise $1.3 billion to purchase Bitcoin, while simultaneously closing ...
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Zacks.com on MSNWhy GameStop (GME) Dipped More Than Broader Market TodayGameStop (GME) concluded the recent trading session at $26.70, signifying a -1.04% move from its prior day's close.
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 isn’t the only company to change its business model to focus more on crypto investing. Software company Strategy adopted Bitcoin as a reserve asset in 2020, and has seen its stock price ...
GameStop is doubling down on a risky turnaround strategy that includes closing hundreds of retail locations while investing ...
The core business of GameStop is ... sustainable business model. Analysts are skeptical: Michael Pachter told Yahoo News he is not confident in yet another strategic shift after the company ...
The company’s core business has been long struggling due to a broader consumer shift ... model could prove to be a turnaround for the firm. In February, CNBC reported citing sources that ...
GameStop announced Tuesday the successful completion of a $1.5 billion private offering of convertible senior notes.
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