Will GameStop Dump Its Bitcoin? CEO Says ‘Way More Compelling' Move Ahead [Yahoo! Finance]
GameStop Corporation (GME)
Last gamestop corporation earnings: 3/26 04:06 pm
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Source: Yahoo! Finance
toward a “transformative” acquisition, suggesting the company's roughly $500 million Bitcoin treasury may no longer be a permanent fixture on the balance sheet. In a CNBC interview, Cohen declined to say whether GameStop plans to cash out its Bitcoin. Still, when asked how the company would fund future deals, Cohen described GameStop's acquisition ambitions as “way more compelling than Bitcoin.” “It's transformational. Not just for GameStop, but ultimately, within the capital markets,” Cohen told CNBC . “This is something that really has never been done before within the history of the capital markets.” “If it works, it's genius. If it doesn't work, it will be totally foolish,” he added. Following the announcement, GameStop shares were up about 8.25% on the day, trading around $25.85 after rising $1.97 from $23.88. The shift in GameStop's sentiment on Bitcoin follows on-chain data from CryptoQuant indicating that the games retailer had recently transferred its entire 4,710 B
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News
- GameStop (NYSE:GME) was upgraded by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a> from a "sell (d+)" rating to a "hold (c-)" rating.MarketBeat
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GME
Earnings
- 9/9/25 - Beat
GME
Sec Filings
- 1/26/26 - Form 4
- 1/23/26 - Form SCHEDULE
- 1/22/26 - Form 4
- GME's page on the SEC website