Bitcoin traded between roughly $108,300 and $110,700 on Tuesday. Based on the approximate midpoint of $109,500, GameStop spent over $515.7 million on the bitcoin purchases.

Retail buzz around GameStop (GME) intensified on Thursday, as the video game retailer’s stock snapped a six-session losing ...

At recent prices, with bitcoin down 1.5% at $107,479, the total value of GameStop's purchase would be a little over $506 million. Meanwhile, GameStop's stock dropped 10.9% on Wednesday, after ...

The buy-and-hold strategy is taking hold with more companies. Aside from GameStop, Trump Media & Technology Group announced plans to raise $2.5 billion for a bitcoin treasury on Tuesday.

GameStop, the US video game and consumer electronics retailer, has confirmed its first Bitcoin investment, acquiring 4,710 Bitcoin, according to a statement posted May 28 on the company’s X account.

GameStop's Ryan Cohen discusses turning the Nintendo Switch 2 'Staplegate' into a charitable win, the company's financial ...

Based on Bitcoin’s valuation around the time of the purchase, GameStop spent north of $500 million on the purchase. The company also released a video, in which CEO Ryan Cohen talks about the move.

Surprisingly, this second approach is one of the hottest trades in crypto right now and dozens of firms are clamoring to get ...

GameStop announced on Wednesday that it bought 4,710 bitcoin, which is worth over $500 million at the time of the purchase. GameStop stock remains a bit inflated from where it was before the ...

Video game retailer GameStop has begun investing in bitcoin with a purchase of 4,710 bitcoin. It revealed the acquisition of the cryptocurrency on Wednesday.

GameStop's purchase of 4,710 bitcoin tokens occurred between May 3 and June 10, the company said in a statement.

GameStop is the latest company to buy Bitcoin for its balance sheet. Microsoft shareholders rejected a proposal to add Bitcoin in December. Live Sunday: Matt Maley’s Volatility Trading Plan for ...