Will GameStop Buy Bitcoin? Cohen And Saylor Fuel Rumors
In a move that has reignited ongoing speculation within the Bitcoin community, GameStop CEO Ryan Cohen met with Strategy (formerly MicroStrategy) Executive Chairman Michael Saylor on Saturday. Cohen subsequently shared a photo on X depicting him alongside Saylor—without providing any additional context. The post once again sparked rumors that GameStop could be contemplating a Bitcoin […]
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On Monday, GameStop CEO Ryan Cohen posted a pic with MicroStrategy’s Michael Saylor. Many saw where this was going, and they were right – insiders say GameStop plans to take a page from MicroStrategy’s book and invest in Bitcoin ($BTC). GME shares spiked over 20% on the back of the rumors, hitting $31 before falling […]
In a development that has reignited speculation within the Bitcoin community, GameStop CEO Ryan Cohen has, for the first time in nearly four years, followed a second account on X. Until now, Cohen exclusively followed the official GameStop handle, but as of today, he has added Bitcoin Magazine to his follow list. This comes on the heels of a much-discussed photograph that surfaced two weeks ago showing Cohen with Michael Saylor, Executive Chairman of Strategy (formerly MicroStrategy). 👀 Go on king 👑 https://t.co/ApTV3WwTaj — David Bailey🇵🇷 $0.85mm/btc is the floor (@DavidFBailey) February....
Over 6,000 GameStop locations once graced the planet. A little more than half that number remain. CEO Ryan Cohen has been on a herculean quest to reverse the company’s fortunes, even as brick-and-mortar retailers suffer. The whole ‘online’ thing is working against him, but Cohen has one thing in his favor: a big pile of […]
In a significant move for the video game retail giant, GameStop announced on Tuesday that its board has unanimously approved a plan to use corporate cash reserves to invest in the crypto market’s largest cryptocurrency, Bitcoin (BTC). This decision mirrors a strategy made by the now Bitcoin proxy company Strategy (previously Microstrategy) by MicroStrategy, which has made headlines for its substantial Bitcoin acquisitions led by its co-founder Michael Saylor. With $4.8 Billion In Cash, GameStop Eyes Bitcoin Expansion Following the announcement, GameStop’s stock surged more than 6%....
Billionaire investor Ryan Cohen has been appointed as the new Chief Executive Officer (CEO) of GameStop, a brick-and-mortar video game retailer in the United States, a move that could potentially impact Dogecoin. GameStop’s stock and the Dogecoin price have shown signs of correlation. Before assuming this role, Cohen had been the Executive Chairman of GameStop since January 2022 and remained the largest shareholder. The experienced investor takes over in what analysts said is an attempt by the board to turn around the fortunes of the public company. Pro-GameStop Billionaire Takes....