Tag: gamestop

GameStop's Fundraising Surges to $2.7 Billion, Bitcoin Buys on the Horizon?

GameStop's Fundraising Surges to $2.7 Billion, Bitcoin Buys on the Horizon?

GameStop's recent fundraising efforts have culminated in a substantial $2.7 billion war chest, reigniting speculation about the company's potential Bitcoin investments. The gaming retailer’s publicly available investment policy explicitly allows for the purchase of Bitcoin. In reality, the company has already purchased and acquired billions worth of the cryptocurrency. This...

GameStop's $2.7B: Will GME Double Down on Bitcoin?

GameStop's $2.7B: Will GME Double Down on Bitcoin?

GameStop, a company once synonymous with brick-and-mortar video game retail, has made a bold move into the world of cryptocurrency. With a recent fundraise of $2.7 billion, the question on everyone's mind is: will GameStop double down on Bitcoin? Anjali Mehra, a DeFi opinion columnist known for blending innovation with...

GameStop's Bitcoin Gamble: Genius Play or Meme Stock Suicide?

GameStop's Bitcoin Gamble: Genius Play or Meme Stock Suicide?

Okay, let's be real. GameStop. Bitcoin. Together again? After the NFT faceplant, you’d hope they’d gotten hip to the gooey allure of shiny new objects. Nope, they’re back for more, perhaps with that boatload of newly raised cash to continue purchasing more Bitcoin. Is this the mother of all 4D...

GameStop's $2.7B Bitcoin Bet: DeFi Revolution or Centralized Hypocrisy?

GameStop's $2.7B Bitcoin Bet: DeFi Revolution or Centralized Hypocrisy?

So, GameStop's raked in another $2.7 billion. And the whispers are getting louder: are they about to go full MicroStrategy and load up on Bitcoin? You remember GameStop, right? The short squeezed meme stock darling, the little guy taking down the man on Wall Street. But this Bitcoin move? It...

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