Videogame seller GameStop said it will now include bitcoin in its financial investments, and investors are piling in.
Shares of GameStop rose more than 8% in extended trading Tuesday after the videogame retailer and original meme-stock company ...
GameStop’s seesawing stock price surged 7% late Tuesday after the video game retailer disclosed plans to invest some of its cash in cryptocurrency.
The move comes shortly after President Trump’s executive order, signed earlier this month, to establish a strategic reserve ...
GameStop updated its corporate investment policy to include Bitcoin, sending shares higher in extended trading Tuesday.
With bitcoin as a treasury reserve asset, GameStop joins the list of companies looking to reap the benefits of a crypto-friendly Trump administration. This includes Strategy, Robinhood Markets Inc.
GameStop's foray into cryptocurrencies marks the latest effort by CEO Ryan Cohen to revive the struggling brick-and-mortar ...