GameStop has acquired 4,710 bitcoins as a hedge, CEO Ryan Cohen has said, keeping capital allocation cautious amid wider ...

Is GameStop trying to be the next Strategy? CEO Ryan Cohen gives a look into its Bitcoin treasury approach and talks crypto ...

GameStop boss Ryan Cohen said Tuesday on CNBC’s Squawk Box that the company’s recent crypto play is strictly about protecting ...

GameStop Corp. surprised investors with a quarterly profit in its second-quarter results Tuesday, but the videogame retailer still has many challenges ahead, according to analyst firm Wedbush.

While GameStop’s total gross profit remained stable at approximately $1.23 billion in 2024, compared to 2020, the reduced store count pushed gross profit per store to approximately $385,000 ...

"GameStop has just over $10 per share in cash generating an impressive 4% + of annual income, but no clear strategy to reasonably deploy capital," wrote Wedbush analyst Michael Pachter, in a note ...

GameStop shares jumped 7% to $27.23 in after-hours trading. The decision echoes that of Strategy, ... GameStop posted a rise in fourth-quarter profit, ...

March 25 (Reuters) - GameStop (GME.N), opens new tab said on Tuesday that its board has unanimously approved the addition of bitcoin as a treasury reserve asset. Sign up here. Strategy said that ...

GameStop has around $10 per share in cash and shares trade for roughly two times that figure, Pachter added. "Without a hint of any strategy that would reasonably deploy capital, we do not see why ...

GameStop Corp. surprised investors with a quarterly profit in its second-quarter results Tuesday, but the videogame retailer still has many challenges ahead, according to analyst firm Wedbush.

“GameStop has just over $10 per share in cash generating an impressive 4% + of annual income, but no clear strategy to reasonably deploy capital,” wrote Wedbush analyst Michael Pachter, in a ...

GameStop Corp. surprised investors with a quarterly profit in its second-quarter results Tuesday, but the videogame retailer still has many challenges ahead, according to analyst firm Wedbush.