Alright apes, get ready. Is GameStop currently dumping half a billion dollars into Bitcoin? Is this the To the Moon catalyst we’ve all been waiting for? Or are we about to see a sort of slow-motion, corporate-funded rug pull. As someone who's spent way too much time staring at NFT...
GameStop, the video game retailer known for its meme stock saga, recently made a bold move into the world of cryptocurrency. The firm even bought 4,710 Bitcoin in late May, shelling out more than half a billion dollars. This historic investment has generated considerable discussion. In addition to celebrating another...
Apparently in a bold move, GameStop has invested $500 million in Bitcoin. This decision highlights their consistent proclivity to explore the cryptocurrency market, despite other attempts at crypto wallets and NFT marketplaces. The company continues to keep a close eye on the rapidly evolving crypto landscape. It requires a clear-eyed...
$500 million in Bitcoin. GameStop. Those two things shouldn't go together, right? It’s the equivalent of serving ketchup with a nice filet mignon — bold, perhaps reckless, possibly catastrophic, but just maybe surprisingly tasty. Let’s break this down, because there’s a lot here aside from a meme stock wading into...
Okay, folks, let's talk about GameStop. Yeah, that GameStop. The one that sent Wall Street into a collective fit. The little guy that beat the big guys. And now, they’re at it again, but this time around they’re doing it with Bitcoin.I'm here to tell you: they're absolutely right. It...
Let’s not kid ourselves, when the term “tokenized stocks” comes from Robinhood this sure smells like a prospective meme coin. Is this the new Doge, but for dividends? Are we soon going to be hearing monkeys singing “GME to the moon…on the blockchain!” Maybe. But before you explore this speculative...
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, 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...
In addition, SOL Strategies has already raised a major USD $500 million convertible note facility with ATW Partners. The funding is exclusively targeted at increasing the developer’s Solana (SOL) assets. Pending approval, SOL Strategies’ stock price immediately began to moon, with the share price rising by more than 23%.At the...
