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Bill Gross says GameStop now mirrors Bitcoin's patterns; the firm plans for more Bitcoin investments and possible crypto ...
GameStop shares tumbled 22% on Thursday after the company announced plans to raise $1.75 billion through convertible senior notes, according to Benzinga. While the notes are earmarked for "general ...
Perhaps the real winner in GameStop's move — and Trump Media's bitcoin acquisition — is, in fact, Strategy itself, which yet again sees its strategy validated by the sincerest form of flattery.
Notably, GameStop adopted a Bitcoin treasury strategy earlier this year and made its first purchases, about 4,700 BTC for $512.6 million, last month.
Overview Companies like MicroStrategy and GameStop expand Bitcoin reserves to hedge against inflation and attract investors.Bitcoin’s extreme volatility and reg ...
Bitcoin treasuries have moved from a curiosity to a capital markets trend with teeth. What began as MicroStrategy’s audacious ...
Crypto treasury companies like SBET aren't driving crypto prices because they redistribute existing holdings to retail at ...