Latest News and Articles about GameStop
GameStop Stock Jumps 5% as Ryan Cohen Eyes $100B Valuation with Megadeal
GameStop Stock Soars 5% as Ryan Cohen Bets on a $100 Billion Future with Mystery Megadeal Ryan Cohen just lobbed a financial grenade into the retail world, claiming GameStop—yes, the meme stock poster child—could hit a $100 billion valuation through a game-changing acquisition. The stock spiked 5% on Friday after the CEO unveiled this audacious […]
Read MoreGameStop Faces $76M Bitcoin Loss with Coinbase Transfer: Desperate Move or Strategic Play?
GameStop’s Bitcoin Debacle: A $76M Loss Looms with Coinbase Transfer GameStop, the once-iconic video game retailer that captured the rebellious spirit of the 2021 meme stock madness, is back in the spotlight for all the wrong reasons. The company has shifted its entire stash of 4,710 Bitcoin (BTC), bought for a whopping $504 million, to […]
Read MoreGameStop Raises $1.5B, Shifts to Bitcoin Amid Store Closures
GameStop’s Bold Leap: $1.5B in Bitcoin as Retail Strategy Shifts GameStop, once the epicenter of the meme stock frenzy, is now betting big on Bitcoin, raising $1.5 billion through a convertible debt offering to pivot from physical retail to the digital realm. GameStop raises $1.5B via convertible debt Proceeds to fund Bitcoin acquisition Over 1,000 […]
Read MoreGameStop Eyes Bitcoin Investment After CEO Meets MicroStrategy’s Saylor, Stock Soars 18%
GameStop Explores Bitcoin Investment: A New Chapter in the Retail Giant’s Transformation GameStop, the beloved video game retailer, is reportedly contemplating a major investment in Bitcoin and other cryptocurrencies. This development follows a meeting between GameStop’s CEO Ryan Cohen and Michael Saylor of MicroStrategy, raising speculation about a significant shift in the company’s financial strategy. […]
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