GameStop shares are on a tear Wednesday after the videogame retailer and meme stock announced plans to invest in Bitcoin.
GameStop confirmed speculation that it would be spending some of its cash reserves on Bitcoin in an SEC filing yesterday.
GameStop's seesawing stock price surged 7% late Tuesday after the video game retailer disclosed plans to invest some of its cash in cryptocurrency. Without providing any details, GameStop said its ...
GameStop updated its corporate investment policy to include Bitcoin, sending shares higher in extended trading Tuesday.
The latest data on GameStop's short interest from S3 Partners reveals $799 million in short positions. That sum corresponds to approximately 58.57 million shares or 22% of GME’s float.
GameStop (NYSE:GME) CEO Ryan Cohen confirmed on social media site X that he received a letter from Strive Asset Management urging the company to adopt bitcoin (BTC-USD) as a reserve asset. Cole ...
GameStop is planning to get rid of even more stores - and CEO Ryan Cohen couldn't resist taking political shots while announcing the move. The video game retailer shut more than 300 shops in the ...
GameStop (ticker: GME) is currently at $32.85, up $9.71 or 42%. According to Dow Jones Market Data, that would be the: Highest close for shares since May 15 when it closed at $39.55; On pace for ...
Cohen’s position represents about 7 million shares, the report said. Alibaba and Cohen, CEO of GameStop, did not immediately respond to Reuters’ requests for comment. Cohen had built a stake ...
Now CNBC reports the GameStop CEO may use some of the cash in his war chest to buy BTC coins that have soared in value recently. Could video game retailer GameStop morph into a Bitcoin play just ...
Strive Asset Management, co-founded by Ohio gubernatorial candidate Vivek Ramaswamy, has urged gaming industry icon GameStop to invest in Bitcoin, according to a new letter sent to the company ...