The company said Tuesday its board voted unanimously to raise $1.3 billion to purchase Bitcoin, while simultaneously closing a “significant number” of retail stores. Although the news was greeted with ...

GameStop is doubling down on a risky turnaround strategy that includes closing hundreds of retail locations while investing ...

GameStop (GME) has again captured investor attention, but not just because of its meme stock status. Behind the wild headlines, GameStop is ...

After GameStop closed about a quarter of its locations within the past year, shuttering 1,000 stores across the world, the ...

March 27 (Reuters) - Shares of GameStop fell more than 15% on Thursday after the company's plan to finance its bitcoin pivot raised questions about the timing of its move and its strategy to turn ...

GameStop is closing more stores worldwide as it struggles with declining in-store game sales. The company has already shut down 1,000 locations in the past year, with more closures on the horizon.

GameStop previously announced its board has unanimously approved diversifying the company's portfolio to include $BTC The senior notes plan is very similar to how ...

GameStop Corp., the struggling video-game retailer that became a favorite of retail traders during the meme stock frenzy in 2021, said its board has approved a plan to add Bitcoin as a treasury ...

Shares of GameStop tumbled 22% on Thursday ... questions about the timing of its move and its strategy to turn around its struggling retail business. The video game retailer’s shares also ...

GameStop confirmed speculation that it would be spending some of its cash reserves on Bitcoin in an SEC filing yesterday.

GameStop was the seventh most traded stock by U.S. retail investors at 10 a.m. ET ... a treasury reserve asset mirrors exchange operator Strategy MSTR.O, the largest corporate holder of bitcoin.

GameStop isn’t the only company to change its business model to focus more on crypto investing. Software company Strategy adopted Bitcoin as a reserve asset in 2020, and has seen its stock price ...