Gamestop
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$SOLV #BinanceAlphaAlert MMSs pushing all š© šŖs this week, short don't use leverage and make them cryš#gamestop
Playmaster:
You donāt understand how market is working at all boi
$BTC O Bitcoin indo para alturas (BTC) apresentou volatilidade significativa recentemente, com uma queda de mais de 7% em poucas horas, caindo de US$ 84.000 para abaixo de US$ 79.000, entrando em um mercado de baixa tƩcnico.
Atualmente, o preƧo do Bitcoin estĆ” em US$ 84.125,00, com uma variaĆ§Ć£o de 1,55% em relaĆ§Ć£o ao fechamento anterior.
Bitcoin $84,125.00
hoje voltou a subir e passou de 91.000.00 podendo alcanƧar 125.500
#BTC
#Binance
#gamestop
$XRP $SOL
Atualmente, o preƧo do Bitcoin estĆ” em US$ 84.125,00, com uma variaĆ§Ć£o de 1,55% em relaĆ§Ć£o ao fechamento anterior.
Bitcoin $84,125.00
hoje voltou a subir e passou de 91.000.00 podendo alcanƧar 125.500
#BTC
#Binance
#gamestop
$XRP $SOL
JUST IN: šŗšø š®š³ President Trump announces reciprocal tariffs on India while standing next to Indian Prime Minister Modi.
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JUST IN: šŗšø President Trump says "Taiwan has took our chip business away, and we want that back."
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š„ #GameStop $GME considers investing in #Bitcoin and other #cryptocurrencies .
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JUST IN: šŗšø President Trump confirms Elon Musk $DOGE workers have arrived at the IRS to begin an audit.
-
š„ NEW: Texas Strategic Bitcoin Reserve Bill Is Set for a Hearing on February 18.
-
šØ LATEST: SEC acknowledges Grayscale's 19b-4 filing for its spot Dogecoin ETF.
-
š„ Prediction: 10% of global GDP to be in crypto by 2030
CEO Brian Armstrong claims itās the dawn of a new era for crypto" in the US, predicting that up to 10% of global GDP will be crypto-based by 2030.
-
In January 2025, BlackRock's iShares Bitcoin Trust (IBIT) reached an all-time high in market share, capturing over 77% of the spot Bitcoin ETF market.
-
NEW: šŗšø Judge agrees to pause legal dispute between Binance and SEC until April 2025.
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šŗšø ETF FLOWS: Around 1,600 BTC were sold and 4,680 ETH were bought on Feb. 13.
BTC ETFs saw $156.8M in net outflows.
ETH ETFs saw $12.8M in net inflows.
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šŗšøBULLISH: Michigan introduces a Bitcoin Reserve bill which would allow it to invest 10% of public funds into crypto such as Bitcoin.
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š„ BULLISH: El Salvador's Bitcoin Office posted President Bukele meeting Strategy's CEO Michael Saylor at Casa Presidencial and said, "Bitcoin was discussed.
-
šŖšŗ EU GDP GROWTH: 0.1%
EXPECTED: 0%
PREVIOUS: 0.4%
-
Ethereum Pectra upgrade scheduled for mainnet on April 8.
-
removed from France AMF blacklist and is now pursuing MiCA license in the EU, though it still faces regulatory challenges in Malaysia and India.
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š„JUST IN: šš° #HongKong investment firm Avenir discloses $599 million #Bitcoin #ETF holdings.
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JUST IN: š¬š§ Barclays Bank discloses $131 million BlackRock #Bitcoin ETF Holdings.
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ā”ļø JUST IN: 0-fee $USDT purchases in 60+ countries.
$BTC $ETH
-
JUST IN: šŗšø President Trump says "Taiwan has took our chip business away, and we want that back."
-
š„ #GameStop $GME considers investing in #Bitcoin and other #cryptocurrencies .
-
JUST IN: šŗšø President Trump confirms Elon Musk $DOGE workers have arrived at the IRS to begin an audit.
-
š„ NEW: Texas Strategic Bitcoin Reserve Bill Is Set for a Hearing on February 18.
-
šØ LATEST: SEC acknowledges Grayscale's 19b-4 filing for its spot Dogecoin ETF.
-
š„ Prediction: 10% of global GDP to be in crypto by 2030
CEO Brian Armstrong claims itās the dawn of a new era for crypto" in the US, predicting that up to 10% of global GDP will be crypto-based by 2030.
-
In January 2025, BlackRock's iShares Bitcoin Trust (IBIT) reached an all-time high in market share, capturing over 77% of the spot Bitcoin ETF market.
-
NEW: šŗšø Judge agrees to pause legal dispute between Binance and SEC until April 2025.
-
šŗšø ETF FLOWS: Around 1,600 BTC were sold and 4,680 ETH were bought on Feb. 13.
BTC ETFs saw $156.8M in net outflows.
ETH ETFs saw $12.8M in net inflows.
-
šŗšøBULLISH: Michigan introduces a Bitcoin Reserve bill which would allow it to invest 10% of public funds into crypto such as Bitcoin.
-
š„ BULLISH: El Salvador's Bitcoin Office posted President Bukele meeting Strategy's CEO Michael Saylor at Casa Presidencial and said, "Bitcoin was discussed.
-
šŖšŗ EU GDP GROWTH: 0.1%
EXPECTED: 0%
PREVIOUS: 0.4%
-
Ethereum Pectra upgrade scheduled for mainnet on April 8.
-
removed from France AMF blacklist and is now pursuing MiCA license in the EU, though it still faces regulatory challenges in Malaysia and India.
-
š„JUST IN: šš° #HongKong investment firm Avenir discloses $599 million #Bitcoin #ETF holdings.
-
JUST IN: š¬š§ Barclays Bank discloses $131 million BlackRock #Bitcoin ETF Holdings.
-
ā”ļø JUST IN: 0-fee $USDT purchases in 60+ countries.
$BTC $ETH
GameStop Eyes Bitcoin & Crypto Investments š¤
GameStop is reportedly considering diving into $BTC and other cryptocurrencies, according to CNBC. This could be a major move, aligning with the companyās history of embracing digital innovation.
With Bitcoin adoption growing among institutions, a GameStop investment could fuel mainstream momentum even further. Imagine the impact if they start integrating crypto payments or holding Bitcoin on their balance sheet.
Are we about to see another GameStop x Crypto revolution! š
#gamestop #investmentnews
GameStop is reportedly considering diving into $BTC and other cryptocurrencies, according to CNBC. This could be a major move, aligning with the companyās history of embracing digital innovation.
With Bitcoin adoption growing among institutions, a GameStop investment could fuel mainstream momentum even further. Imagine the impact if they start integrating crypto payments or holding Bitcoin on their balance sheet.
Are we about to see another GameStop x Crypto revolution! š
#gamestop #investmentnews
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Orthodox firms like Blackrock are harming the crypto market. Their massive Bitcoin dumps show this. We are talking about a firm that has been penalized multiple times for manipulating the market. They need a good lesson. Just like the #gamestop incident, all crypto traders need to unite against them.
$BTC $ETH $SOL
#CMEsolanaFutures #BTCRebundsBack #MemesNotSecurity #SHELLAirdropOnBinance
$BTC $ETH $SOL
#CMEsolanaFutures #BTCRebundsBack #MemesNotSecurity #SHELLAirdropOnBinance
See original
The two sides of the coin with Gamestop (GME)
These days we have seen how the share price of #gamestop (GME) had a good performance at #mercado , having a rise for 2 continuous days driven by the return of Roaring Kitty (Keith Gill) . This boost in "meme stocks" was not only seen in the traditional market, but also in the #Criptomonedas market with the #memecoins of the same theme. How did some traders do buying these memecoins during this trend? Let's explore.
When I mention memecoins with the same theme, I am referring to memecoins created parodying certain themes, with zero usefulness and pure speculation. Thus we have the memecoin parodying Gamestop (GME) on the Solana network.
When I mention memecoins with the same theme, I am referring to memecoins created parodying certain themes, with zero usefulness and pure speculation. Thus we have the memecoin parodying Gamestop (GME) on the Solana network.
#GameStopBitcoinReserve
šØ GameStop Joins the Bitcoin Revolution! šØ
In a bold move, GameStop has officially entered the crypto space with its Bitcoin reserve strategy. This marks a significant shift in corporate treasury management, signaling confidence in Bitcoin as a long-term store of value.
Could this be the next big wave of institutional adoption? šš
#GameStopBitcoinReserve #Bitcoin #CryptoAdoption #GameStop
šØ GameStop Joins the Bitcoin Revolution! šØ
In a bold move, GameStop has officially entered the crypto space with its Bitcoin reserve strategy. This marks a significant shift in corporate treasury management, signaling confidence in Bitcoin as a long-term store of value.
Could this be the next big wave of institutional adoption? šš
#GameStopBitcoinReserve #Bitcoin #CryptoAdoption #GameStop
See original
š° What you need to know this Wednesday, March 26
š„ Inflows of $26.83M are recorded into BTC ETFs.
The largest inflow was in the Blackrock IBIT ETF with an amount of $42.03M, while the ETH ETF saw outflows of $3.21M.
š¤ ā The SEC plans four more roundtables on cryptocurrencies, trading, custody, tokenization, and DeFi.
The SEC held its first roundtable on cryptocurrencies in early March.
š GameStop confirmed it will add BTC to its treasury with over $4.6 billion for investments.
š¤ Elon Musk confirmed the launch of the Grok artificial intelligence bot on Telegram.
ā ļø In the last 24 hours, 81,027 traders were liquidated, and the total liquidations reached $163.96 million.
The largest individual liquidation order occurred on Bybit - BTCUSDT valued at $2.65M.
š For more news and analysis follow us as:
@StreetradersOficial
#š°STNews
#KingBitcoin #gamestop #AiGrok
$BTC $ETH $ICP
#šŖStreetraders
š„ Inflows of $26.83M are recorded into BTC ETFs.
The largest inflow was in the Blackrock IBIT ETF with an amount of $42.03M, while the ETH ETF saw outflows of $3.21M.
š¤ ā The SEC plans four more roundtables on cryptocurrencies, trading, custody, tokenization, and DeFi.
The SEC held its first roundtable on cryptocurrencies in early March.
š GameStop confirmed it will add BTC to its treasury with over $4.6 billion for investments.
š¤ Elon Musk confirmed the launch of the Grok artificial intelligence bot on Telegram.
ā ļø In the last 24 hours, 81,027 traders were liquidated, and the total liquidations reached $163.96 million.
The largest individual liquidation order occurred on Bybit - BTCUSDT valued at $2.65M.
š For more news and analysis follow us as:
@StreetradersOficial
#š°STNews
#KingBitcoin #gamestop #AiGrok
$BTC $ETH $ICP
#šŖStreetraders
GameStop Bitcoin Reserve: Your Gateway to Crypto Innovation
Attention, Binance Square community! š
The crypto revolution continues, and GameStop is leading the charge with its Bitcoin Reserve initiative. Designed to empower both gamers and investors, this reserve marks a bold step into the world of decentralized finance.
Why GameStop Bitcoin Reserve?
Accessibility: A simple way for gamers and enthusiasts to explore Bitcoin investments.
Security: State-of-the-art storage ensures your assets are safe and sound.
Innovation: Bridging the gap between gaming and blockchain technology.
Whether you're a seasoned crypto investor or just getting started, the GameStop Bitcoin Reserve is here to redefine your financial game.
š® Join the movement, explore the future of gaming and crypto, and stay ahead in this ever-evolving digital landscape.
Letās discuss! What do you think about GameStop's entry into Bitcoin? Share your thoughts below.
#GameStop #BitcoinReserve #CryptoGaming #BinanceSquare
#GameStopBitcoinReserve
The crypto revolution continues, and GameStop is leading the charge with its Bitcoin Reserve initiative. Designed to empower both gamers and investors, this reserve marks a bold step into the world of decentralized finance.
Why GameStop Bitcoin Reserve?
Accessibility: A simple way for gamers and enthusiasts to explore Bitcoin investments.
Security: State-of-the-art storage ensures your assets are safe and sound.
Innovation: Bridging the gap between gaming and blockchain technology.
Whether you're a seasoned crypto investor or just getting started, the GameStop Bitcoin Reserve is here to redefine your financial game.
š® Join the movement, explore the future of gaming and crypto, and stay ahead in this ever-evolving digital landscape.
Letās discuss! What do you think about GameStop's entry into Bitcoin? Share your thoughts below.
#GameStop #BitcoinReserve #CryptoGaming #BinanceSquare
#GameStopBitcoinReserve
#GameStopBitcoinReserve š The countdown has begun! ā³ Only 16 hours and 32 minutes left to be part of the #GameStopBitcoinReserve movement!
š¢ Share your thoughts on Bitcoin, GameStop, and the future of decentralized finance. Remember, your post must be at least 100 words and include only one hashtag or coin pair to qualify.
Don't miss outāget involved now! š”š„
#Bitcoin #CryptoCommunity #GameStop
š¢ Share your thoughts on Bitcoin, GameStop, and the future of decentralized finance. Remember, your post must be at least 100 words and include only one hashtag or coin pair to qualify.
Don't miss outāget involved now! š”š„
#Bitcoin #CryptoCommunity #GameStop
$BTC is trading at $87,871, reflecting an increase of $1,236 (1.43%) from the previous close.
24-Hour Price Momentum:
Bullish, with a 1.43% increase.
Key Levels to Watch:
Support: $85,000
Resistance: $90,000
Trade Setup:
Entry Zone: $86,000 ā $87,000
Target 1: $89,000
Target 2: $91,000
Target 3: $93,000
Stop Loss: $84,500
Recommendation:
Entry to buy at $86,000 to $87,000,
Stop loss at $84,500.
#BTC
#BitcoinReserve
#gamestop
#crypto
24-Hour Price Momentum:
Bullish, with a 1.43% increase.
Key Levels to Watch:
Support: $85,000
Resistance: $90,000
Trade Setup:
Entry Zone: $86,000 ā $87,000
Target 1: $89,000
Target 2: $91,000
Target 3: $93,000
Stop Loss: $84,500
Recommendation:
Entry to buy at $86,000 to $87,000,
Stop loss at $84,500.
#BTC
#BitcoinReserve
#gamestop
#crypto
Gamestopās $4.8B Bitcoin Reserve Plan Signals Revolutionary Crypto Shift
Gamestop Corp. (NYSE: GME) has unveiled a groundbreaking move to incorporate Bitcoin into its financial framework, signaling a pivotal shift in its investment policy. With a robust $4.8 billion cash reserve, the company aims to harness the momentum of institutional Bitcoin adoption to redefine its strategic direction.
Bitcoin as a Treasury Asset
Announced on March 25, 2025, Gamestopās board of directors unanimously approved the update to its investment policy, enabling Bitcoin and USD-backed stablecoins to be part of its treasury reserve assets. The policy also allows the company to allocate proceeds from future debt or equity offerings toward acquiring Bitcoin.
This move represents a bold divergence from Gamestopās traditional financial strategy, responding to ongoing demands from investors and cryptocurrency advocates.
The company's official statement outlines:
āThe investment policy permits investments in certain cryptocurrency assets, including Bitcoin and U.S. dollar-denominated stablecoins.ā
Financial Update and Strategic Shifts
Gamestop paired the announcement with its financial results for the fiscal fourth quarter and full year ending February 1, 2025.
Q4 Results:
Net sales dropped to $1.283 billion, down from $1.794 billion the previous year.
Net income surged to $131.3 million, compared to $63.1 million, attributed to reduced operating expenses.Full-Year Results:
Net sales fell to $3.823 billion from $5.273 billion in 2024.
Net income rose significantly to $131.3 million, compared to $6.7 million.
The company has also exited the Italian market and completed its business closure in Germany, consolidating its international operations.
Crypto Industry Reactions
The decision sparked widespread discussion across the crypto sector:
Mike Belshe, CEO of BitGo, proposed that Gamestop allocate 90% of its $4.8 billion cash reserve into Bitcoin, using time-locked transactions of varying intervals to maximize returns.Jim Cramer, host of CNBC's Mad Money, highlighted the move as aligning with his long-standing proposal for Gamestop to use Bitcoin and convert stores into crypto hubs.
Bitcoin as a Global Reserve Asset
Gamestopās Bitcoin strategy mirrors a growing trend in public and private sectors toward adopting crypto assets as strategic reserves. In a related development, U.S. President Donald Trump recently issued an executive order to create a national Bitcoin reserve. Meanwhile, companies like MicroStrategy (Nasdaq: MSTR) continue expanding their cryptocurrency holdings, further cementing Bitcoinās role in institutional finance.
The Road Ahead for Gamestop
Gamestopās embrace of Bitcoin underscores its efforts to innovate and remain relevant in a rapidly evolving market. By leveraging its substantial cash reserves, the company aims to position itself at the forefront of cryptocurrency adoption, bridging traditional retail with digital finance.
The post appeared first on CryptosNewss.com
#GameStopBitcoinReserve #gamestop $BTC
Bitcoin as a Treasury Asset
Announced on March 25, 2025, Gamestopās board of directors unanimously approved the update to its investment policy, enabling Bitcoin and USD-backed stablecoins to be part of its treasury reserve assets. The policy also allows the company to allocate proceeds from future debt or equity offerings toward acquiring Bitcoin.
This move represents a bold divergence from Gamestopās traditional financial strategy, responding to ongoing demands from investors and cryptocurrency advocates.
The company's official statement outlines:
āThe investment policy permits investments in certain cryptocurrency assets, including Bitcoin and U.S. dollar-denominated stablecoins.ā
Financial Update and Strategic Shifts
Gamestop paired the announcement with its financial results for the fiscal fourth quarter and full year ending February 1, 2025.
Q4 Results:
Net sales dropped to $1.283 billion, down from $1.794 billion the previous year.
Net income surged to $131.3 million, compared to $63.1 million, attributed to reduced operating expenses.Full-Year Results:
Net sales fell to $3.823 billion from $5.273 billion in 2024.
Net income rose significantly to $131.3 million, compared to $6.7 million.
The company has also exited the Italian market and completed its business closure in Germany, consolidating its international operations.
Crypto Industry Reactions
The decision sparked widespread discussion across the crypto sector:
Mike Belshe, CEO of BitGo, proposed that Gamestop allocate 90% of its $4.8 billion cash reserve into Bitcoin, using time-locked transactions of varying intervals to maximize returns.Jim Cramer, host of CNBC's Mad Money, highlighted the move as aligning with his long-standing proposal for Gamestop to use Bitcoin and convert stores into crypto hubs.
Bitcoin as a Global Reserve Asset
Gamestopās Bitcoin strategy mirrors a growing trend in public and private sectors toward adopting crypto assets as strategic reserves. In a related development, U.S. President Donald Trump recently issued an executive order to create a national Bitcoin reserve. Meanwhile, companies like MicroStrategy (Nasdaq: MSTR) continue expanding their cryptocurrency holdings, further cementing Bitcoinās role in institutional finance.
The Road Ahead for Gamestop
Gamestopās embrace of Bitcoin underscores its efforts to innovate and remain relevant in a rapidly evolving market. By leveraging its substantial cash reserves, the company aims to position itself at the forefront of cryptocurrency adoption, bridging traditional retail with digital finance.
The post appeared first on CryptosNewss.com
#GameStopBitcoinReserve #gamestop $BTC
#GameStopBitcoinReserve GameStop adopts Bitcoin as a reserve asset to hedge inflation & diversify. #GameStop #BitcoinReserve
#GameStop announces a $1.3 billion convertible debt offering.
$GME š» -8.15% in after hours #gamestop
$GME š» -8.15% in after hours #gamestop
#GameStopBitcoinReserve GameStopBitcoinReserve: A Bold Move into Crypto! š
GameStop ($GME), the legendary meme stock, is making headlines againāthis time with Bitcoin reserves! š„ As more companies embrace crypto as a hedge against inflation and a store of value, GameStopās decision signals a strategic shift towards digital assets.
š Why is GameStop Holding Bitcoin?
ā Hedge Against Inflation ā Bitcoin is often seen as "digital gold."
ā Decentralized Finance (DeFi) Potential ā Strengthens GameStopās digital economy.
ā Investor Confidence ā Attracts crypto-savvy traders and retail investors.
š What This Means for Crypto & Stocks
š” Bullish for Bitcoin ā More corporate adoption fuels demand.
š Stock Market Impact ā GameStop aligning with crypto could boost its valuation.
š Mass Adoption Signal ā Another step toward Bitcoin becoming a mainstream asset.
š® Is GameStop setting a new trend for businesses to hold Bitcoin? Drop your thoughts below! ā¬ļøš¬
#bitcoin #gamestop #CryptoAdoption2025
#MemeStock #Investing$SOL
GameStop ($GME), the legendary meme stock, is making headlines againāthis time with Bitcoin reserves! š„ As more companies embrace crypto as a hedge against inflation and a store of value, GameStopās decision signals a strategic shift towards digital assets.
š Why is GameStop Holding Bitcoin?
ā Hedge Against Inflation ā Bitcoin is often seen as "digital gold."
ā Decentralized Finance (DeFi) Potential ā Strengthens GameStopās digital economy.
ā Investor Confidence ā Attracts crypto-savvy traders and retail investors.
š What This Means for Crypto & Stocks
š” Bullish for Bitcoin ā More corporate adoption fuels demand.
š Stock Market Impact ā GameStop aligning with crypto could boost its valuation.
š Mass Adoption Signal ā Another step toward Bitcoin becoming a mainstream asset.
š® Is GameStop setting a new trend for businesses to hold Bitcoin? Drop your thoughts below! ā¬ļøš¬
#bitcoin #gamestop #CryptoAdoption2025
#MemeStock #Investing$SOL
#GameStopBitcoinReserve
š GameStop Joins the Bitcoin Revolution! š®š°
š„ Big News: GameStop ($GME) has officially added Bitcoin (BTC) as a treasury reserve asset! š¦š
š Key Highlights:
ā GameStop now holds Bitcoin as part of its financial reserves š¦ā”
ā Stock surged 8% after the announcement šš
ā Cash reserves: $4.76 billion š°š
This move puts GameStop alongside companies like MicroStrategy in betting on Bitcoinās future! šš”
#GameStop #Bitcoin #GME #Crypto
š GameStop Joins the Bitcoin Revolution! š®š°
š„ Big News: GameStop ($GME) has officially added Bitcoin (BTC) as a treasury reserve asset! š¦š
š Key Highlights:
ā GameStop now holds Bitcoin as part of its financial reserves š¦ā”
ā Stock surged 8% after the announcement šš
ā Cash reserves: $4.76 billion š°š
This move puts GameStop alongside companies like MicroStrategy in betting on Bitcoinās future! šš”
#GameStop #Bitcoin #GME #Crypto
#GameStopBitcoinReserve GameStop Corp. has announced that its board of directors unanimously approved an update to the company's investment policy to include Bitcoin as a treasury reserve asset.
This strategic decision allows GameStop to allocate a portion of its cash reserves or future capital into Bitcoin, without specifying a maximum investment limit. The move aligns with actions taken by other corporations, such as Strategy (formerly MicroStrategy), which have integrated Bitcoin into their financial strategies.
The announcement coincided with GameStop's fourth-quarter financial results, revealing a net income of $131.3 million, up from $63.1 million the previous year, despite a decline in revenue to $1.28 billion from $1.79 billion. Following the news, GameStop's stock experienced an 8% increase in after-hours trading.
This initiative reflects GameStop's efforts to diversify its assets and explore new growth opportunities amid challenges in the traditional retail sector.
#gamestop
This strategic decision allows GameStop to allocate a portion of its cash reserves or future capital into Bitcoin, without specifying a maximum investment limit. The move aligns with actions taken by other corporations, such as Strategy (formerly MicroStrategy), which have integrated Bitcoin into their financial strategies.
The announcement coincided with GameStop's fourth-quarter financial results, revealing a net income of $131.3 million, up from $63.1 million the previous year, despite a decline in revenue to $1.28 billion from $1.79 billion. Following the news, GameStop's stock experienced an 8% increase in after-hours trading.
This initiative reflects GameStop's efforts to diversify its assets and explore new growth opportunities amid challenges in the traditional retail sector.
#gamestop
#gamestop #BTC
GameStop Embraces Bitcoin as Reserve Asset full details inform
GameStop Corp. (NYSE: GME), the renowned video game retailer, has recently updated its investment policy to include Bitcoin as a treasury reserve asset. This strategic move aims to diversify the company's financial holdings and align with the growing trend of cryptocurrency adoption among corporations.
Key Details:
Board Approval: On March 25, 2025, GameStop's board unanimously approved the addition of Bitcoin to its treasury reserves.
Investment Strategy: The company plans to allocate a portion of its cash, or future debt and equity issuances, to invest in Bitcoin. Notably, GameStop has not set a maximum limit on the amount of Bitcoin it may acquire, indicating a flexible and open-ended investment approach.
Financial Performance: In its recent fiscal report, GameStop reported fourth-quarter revenues of $1.283 billion, a decrease from $1.794 billion in the same quarter the previous year. However, the company achieved a net profit of $131.3 million, marking its third consecutive quarterly profit. Additionally, cash and securities holdings grew to $4.775 billion from $1.199 billion.
Market Reaction:
Following the announcement, GameStop's stock experienced an approximate 8% rise in after-hours trading, reflecting positive investor sentiment toward the company's new financial strategy.
Industry Context:
GameStop's decision mirrors the actions of other corporations, such as Strategy (formerly MicroStrategy), which have adopted Bitcoin as a significant component of their treasury management strategies. This trend highlights a broader acceptance of cryptocurrency as a legitimate asset class among institutional investors
Cautionary Note:
While the adoption of Bitcoin offers potential benefits, it also exposes GameStop to the inherent volatility and risks associated with cryptocurrency markets. Investors should remain mindful of these factors when evaluating the company's financial strategies and performance.
GameStop Embraces Bitcoin as Reserve Asset full details inform
GameStop Corp. (NYSE: GME), the renowned video game retailer, has recently updated its investment policy to include Bitcoin as a treasury reserve asset. This strategic move aims to diversify the company's financial holdings and align with the growing trend of cryptocurrency adoption among corporations.
Key Details:
Board Approval: On March 25, 2025, GameStop's board unanimously approved the addition of Bitcoin to its treasury reserves.
Investment Strategy: The company plans to allocate a portion of its cash, or future debt and equity issuances, to invest in Bitcoin. Notably, GameStop has not set a maximum limit on the amount of Bitcoin it may acquire, indicating a flexible and open-ended investment approach.
Financial Performance: In its recent fiscal report, GameStop reported fourth-quarter revenues of $1.283 billion, a decrease from $1.794 billion in the same quarter the previous year. However, the company achieved a net profit of $131.3 million, marking its third consecutive quarterly profit. Additionally, cash and securities holdings grew to $4.775 billion from $1.199 billion.
Market Reaction:
Following the announcement, GameStop's stock experienced an approximate 8% rise in after-hours trading, reflecting positive investor sentiment toward the company's new financial strategy.
Industry Context:
GameStop's decision mirrors the actions of other corporations, such as Strategy (formerly MicroStrategy), which have adopted Bitcoin as a significant component of their treasury management strategies. This trend highlights a broader acceptance of cryptocurrency as a legitimate asset class among institutional investors
Cautionary Note:
While the adoption of Bitcoin offers potential benefits, it also exposes GameStop to the inherent volatility and risks associated with cryptocurrency markets. Investors should remain mindful of these factors when evaluating the company's financial strategies and performance.
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