News and articles on the topic GameStop

GameStop shares fall 10% after buying $500 million in bitcoin

News Crypto 05-29-2025 comment
American video game retailer GameStop announced investments in cryptocurrencies earlier this year, which led to a 20% rise in the price of its shares. Later, the company confirmed that it would spend $1.3 billion on general corporate needs, including the purchase of bitcoins. On May 28, GameStop announced that it had purchased 4,710 BTC for $500…

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