GameStop's Ryan Cohen discusses the firm's $500M Bitcoin investment as inflation hedge and possible crypto acceptance for trading cards.

Bitcoin was down 2.1% over the past 24 hours to $107,577, according to CoinDesk. The price has fallen from its peak after crossing a previous record level of $109,000 and notching an all-time high ...

GameStop boss Ryan Cohen said Tuesday on CNBC’s Squawk Box that the company’s recent crypto play is strictly about protecting itself from inflation, not trying to copy other firms. “I look at it as a ...

The purchase, GameStop’s first investment in bitcoin, was worth $512.6 million with bitcoin’s price of $108,837 Wednesday.

Perennial meme stock GameStop (NYSE: GME) has taken its shareholders on another roller-coaster ride of volatility so far in 2025. In May, its stock price soared to $35.81, near a 52-week high, but ...

GameStop Corp. shares fell Wednesday after the videogame retailer announced its first purchase of bitcoin on a day that bitcoin prices fell. In a one-sentence press release, GameStop (GME) said it ...

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.

If Bitcoin continues to appreciate in value, GameStop's move could look like a stroke of genius in a few years. But if it falls, it could end up being a poor capital allocation decision.

GameStop now owns just over 4,700 bitcoins, making that its largest investment of the year by far. Still, even at such a size, the bitcoin price would have to rise dramatically for this to have a ...

The company continues its pivot away from selling games and toward doing anything else to stay afloat ...

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 ...