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GameStop stock on watch after buying 4,710 BTC
Latest Gamestop News
News
GameStop’s $55.5B eBay bid offers $125 per share, names Ryan Cohen to lead the combined firm, and raises financing questions.
News
GameStop pledged 4,709 BTC to Coinbase Credit for covered calls, keeping Bitcoin exposure instead of selling in January.
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News
GameStop sparked renewed investor interest Monday after media personality Charles Payne revealed that CEO Ryan Cohen has a “monumental” project.
Recap
In this week’s edition of the weekly recap, GameStop transferred its entire 4,710 Bitcoin holdings worth $420 million to Coinbase Prime. Additionally, Senate Democrats filed amendments to Republican-led cryptocurrency legislation seeking policy concessions, and the UK Financial Conduct Authority reached…
Markets
GameStop stock dropped to $21.5, down by over 37% from its highest level this year, bringing its market capitalization from $15 billion to $10 billion
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News
GameStop CEO Ryan Cohen has unfollowed all Bitcoin-related accounts on X, raising questions about the company's commitment to cryptocurrency.
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News
GameStop, the American video game retailer, will consider accepting cryptocurrencies as payment for trading card purchases, according to the company’s CEO, Ryan Cohen. During his latest appearance on CNBC’s Squawk Box, Cohen said the company is exploring the use of crypto…
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News
GameStop just secured another $450 million in its debt-fueled sprint toward becoming a Bitcoin-heavy treasury, bringing its total capital raise to $2.7 billion. But unlike Strategy, the company is doing so with a retail business in free fall. According to…
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News
GameStop has raised the size of its planned convertible note sale to $2.25 billion from the original $1.75 billion. According to the company’s June 12 press release, the notes, which do not pay interest and are due in 2032, will…
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News
After buying $513 million worth of Bitcoin in May, GameStop wants $1.75 billion more, and Wall Street isn’t happy. The stock fell over 15% as doubts linger over the company’s pivot from retailer to crypto whale. GameStop (GME) shares took…
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Markets
GameStop stock price will be in the spotlight this week as the company publishes its first earnings since it started buying Bitcoin. GameStop stock ended the week at $29.58, down 16% from its highest point this year. Its market capitalization…
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Recap
Today’s edition of the weekly recap covers a variety of topics including Strategy and GameStop each revealing major Bitcoin acquisitions totaling over $900 million. Meanwhile, El Salvador and Pakistan expanded their sovereign crypto reserves—despite global pressure from institutions like the…
News
U.S. stocks opened largely flat on Wednesday, yet shares of GameStop rose even as overall sentiment remained cautious ahead of Nvidia’s earnings report. Tariffs and geopolitical concerns remain top of investors’ minds, a scenario that has stocks looking to knit…
News
GameStop is leveraging it's memecoin status to but Bitcoin with equity.
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Bitcoin
Follow-up
On May 23, Metaplanet pulled off a rare trifecta: it was the most traded stock in Japan, the day’s biggest loser, and still—somehow—remained one of the country’s top-performing equities. Once a modest hotel operator, the company is now a headline-grabbing…
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News
GameStop, the video game retailer, has completed a $1.5 billion offering of convertible senior notes, with plans to use the funds to buy Bitcoin for its treasury. The sale, completed on Apr. 1, 2025, raised $1.48 billion after fees, according…
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