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GameStop stock slides 23% after announcing strategy shift and plans to buy $1.3 billion worth of BitcoinBut despite the wild share-price boost (which was later turned into a movie), the company is confronting a long-term shift ... GameStop isn’t the only company to change its business model ...
GameStop is doubling down on a risky turnaround strategy that includes closing hundreds of retail locations while investing ...
GameStop announced Tuesday the successful completion of a $1.5 billion private offering of convertible senior notes.
Analysts told Cointelegraph the dip reflected concerns over GameStop’s core business model rather than its crypto ambitions. GameStop Follows Strategy’s Bitcoin Blueprint This move puts GameStop in ...
I could never get my head around the bull case for GameStop, the original meme stock, that has largely defied the odds of a floundering business model and hasn’t yet crashed and burned like ...
"Investors are not necessarily optimistic on the underlying business," said Bret Kenwell, U.S. investment analyst at eToro. "There are question marks with GameStop's model. If bitcoin is going to be ...
Analysts at the time suggested the chilly reception reflected shareholders' fear of GameStop's deeper problems with its business model. GameStop is a relative latecomer among public companies creating ...
“Investors are not necessarily optimistic on the underlying business,” said Bret Kenwell, US investment analyst at eToro. “There are question marks with GameStop’s model. If bitcoin is ...
The company said Tuesday its board voted unanimously to raise $1.3 billion to purchase Bitcoin, while simultaneously closing ...
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 ...
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