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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.
The company said Tuesday its board voted unanimously to raise $1.3 billion to purchase Bitcoin, while simultaneously closing ...
GameStop Corp. (NYSE: GME) shares are trading higher Thursday. The stock is up approximately 14% over the past month. Here's ...
Still, financial overexposure, cybersecurity threats, and a potential distraction from its gaming roots pose tangible risks. On the reward side, the strategy could redefine GameStop’s identity.
Intuit’s deplatforming and anti-bitcoin stance could harm shareholder value, Cole said, while urging adoption of BTC as a ...
"We believe GameStop has an incredible opportunity to transform its financial future by becoming ... traded companies adopting a bitcoin treasury strategy. Alongside its fourth quarter earnings ...
March 27 (Reuters) - 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 ...
GameStop shares gained ground to start the week ahead of the scheduled release of the video game retailer’s earnings report ...
This means that while investors are feeling noticeable financial ... to private investors. GameStop is following the lead of MicroStrategy Incorporated (NASDAQ:MSTR) or Strategy as they are ...
citing concerns over GameStop’s lack of clear capital deployment strategy and competitive advantage in new ventures. The firm noted the company’s challenges, including ongoing financial losses ...
GameStop confirmed speculation that it would be spending some of its cash reserves on Bitcoin in an SEC filing yesterday.
Strive Asset Management isn’t letting up. After convincing GameStop (GME) to embrace Bitcoin and issue a $1.5 billion ...
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