Tag: gamestop

GameStop's Bitcoin Bet: Freedom or Folly for Corporate Treasuries?

GameStop's Bitcoin Bet: Freedom or Folly for Corporate Treasuries?

GameStop's diving headfirst into Bitcoin, amassing a cool 4,710 BTC – about $513 million worth – in Q1, and backing it up with a $1.75 billion convertible note offering. Now, all of a sudden, they’re the 13th largest corporate Bitcoin holder. And they're not alone. We’re likely just on the...

GameStop's Bitcoin Bet Signals Broader Institutional Embrace of Crypto

GameStop's Bitcoin Bet Signals Broader Institutional Embrace of Crypto

GameStop’s recent purchase of 4,710 Bitcoin, worth an estimated $513 million, is understandably a huge step into the crypto space. This purchase has now made GameStop the 13th-largest corporate holder of Bitcoin. More broadly, it underscores the ongoing wave of normalcy as institutions make moves to accept and adopt digital...

GameStop Goes All In: Is Bitcoin the New Corporate Treasury?

GameStop Goes All In: Is Bitcoin the New Corporate Treasury?

GameStop, a company that was the poster-child for physical video game retail’s collapse, is back at it again. This time, though, the excitement isn’t over meme stocks or short squeezes, but over a big wager on the future of Bitcoin itself. BlockTraderHub.com is the smart trader’s home for cutting edge...