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GameStop adopts bold strategies like Bitcoin reserves & convertible bonds to offset decline. Explore its pivot for ...
GameStop's foray into cryptocurrencies marks the latest effort by CEO Ryan Cohen to revive the struggling brick-and-mortar ...
GameStop has transformed from a video game retailer to a cash-rich company, holding $4.8 billion in cash out of $5.9 billion ...
GameStop shares plunged Thursday after the company's plans to sell debt to fund purchases of bitcoin raised some questions on Wall Street ...
GameStop Corp. has updated its investment policy to include Bitcoin as a treasury reserve asset, the video game retailer announced Tuesday ...
Strategy said that the rebranding ... using tokens already owned by the government. GameStop said it will use a portion of its cash or future debt or equity issuances to be invested in bitcoin ...
The move comes shortly after President Trump’s executive order, signed earlier this month, to establish a strategic reserve of cryptocurrencies.
The sell-off might have to do with the convertible note pricing, while some speculated that it's a sign of investors' ...
GameStop updated its investment policy, explicitly allowing the use of cash, future debt, or equity issuances to purchase Bitcoin. Unlike Strategy, which has leveraged billions in debt to amass ...
GameStop GME.N shares were back in action as the company's move to hoard bitcoin brought retail investors back to their favorite meme stock. The video game retailer's shares rose 11.6% to $28.36 ...
The video game retailer said a portion of its cash or future debt ... Our Bitcoin strategy has not been tested and may prove unsuccessful," GameStop said in a U.S. Securities and Exchange ...
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