Cash

GameStop Tumbles 25% Following Bitcoin Convertible Bond Plan. What’s Happening?

Shares of GameStop (GME), the embattled görüntü game retailer turned memestock darling, plunged 25% on Thursday, more than erasing all the gains since the company earlier this week announced it will add bitcoin (BTC) as a treasury reserve asset. GME …

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GameStop Bitcoin Pivot Spurs Social Media Chatter as Stock Soars 16%

Shares of GameStop (GME) traded 16% higher on Wednesday after the company announced that it would start buying bitcoin (BTC) to add to its balance sheet. The gaming retailer reported holding $4.8 billion in cash during its fourth-quarter earnings on …

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