Japanese firm Metaplanet increases Bitcoin acquisition target to 100K BTC by 2026, mirroring GameStop’s $513M purchase. Strategy uses BTC as…
Corporate Bitcoin rush accelerates as GameStop joins MicroStrategy in major acquisitions
GameStop’s $500 million Bitcoin purchase and MicroStrategy’s $786 million acquisition coincide with technical indicators pointing toward potential $200K BTC price…
GameStop completes $1.5B raise to add Bitcoin to its balance sheet
GameStop has finalized a $1.5 billion convertible debt offering, with plans to allocate some proceeds towards Bitcoin purchases, aligning with…
GameStop bets on Bitcoin in risky pivot from retail woes
GameStop follows MicroStrategy’s playbook with Bitcoin treasury strategy amid declining retail revenues, sparking debate about crypto’s role in corporate turnarounds.…
GameStop’s potential Bitcoin pivot mirrors MicroStrategy’s playbook
GameStop’s $4.8 billion cash reserve sparks speculation of a Bitcoin investment strategy following CEO Ryan Cohen’s meeting with MicroStrategy’s Michael…
GameStop short sale restriction triggers market flashback to 2021 meme stock frenzy
NYSE imposes short sale restriction on GameStop after 234% spike in short sales, echoing 2021 events as retail traders challenge…
GameStop’s bitcoin bet backfires as stock plunges 24% amid strategic doubts
GameStop shares plummeted 24% after announcing a $1.3B Bitcoin purchase plan, highlighting investor skepticism about the struggling retailer’s crypto pivot…
GameStop shares rise 12% on Bitcoin investment plan
GameStop’s stock surged 12% after announcing plans to buy Bitcoin, funded by a $1.3 billion convertible notes offering, joining other…
GameStop board votes to add bitcoin as treasury reserve asset
GameStop has announced its decision to add bitcoin to its treasury reserves, following a strategy similar to MicroStrategy’s. This article…
GameStop board approves Bitcoin and stablecoin investment plan
GameStop’s board has greenlit investments in Bitcoin and stablecoins, marking a strategic pivot towards digital assets amid its financial turnaround.…