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 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 announced Tuesday the successful completion of a $1.5 billion private offering of convertible senior notes.

The company’s core business has been long struggling due to a broader consumer shift ... model could prove to be a turnaround for the firm. In February, CNBC reported citing sources that ...

The core business of GameStop is ... sustainable business model. Analysts are skeptical: Michael Pachter told Yahoo News he is not confident in yet another strategic shift after the company ...

The most recent trading session ended with GameStop (GME) standing at $26.70, reflecting a -1.04% shift from the previouse ... evolving nature of short-term business trends. As a result, we ...

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 ...

The company did not immediately respond to a request for comment from Fortune. GameStop isn’t the only company to change its business model to focus more on crypto investing. Software company Strategy ...