GameStop (GME.N) shares tumbled more than 15% on Thursday, erasing gains from the previous day, as investors questioned the company’s strategy to pivot toward bitcoin while...
Etiket: MicroStrategy
GameStop Doubles Down on Bitcoin as a Treasury Reserve Asset and Plans More Store Closures
GameStop (GME.N) announced on Tuesday that its board has approved the addition of bitcoin as a treasury reserve asset, a move that mirrors the strategy of...
Strategy Reports Fourth Consecutive Quarterly Loss, Rebrands to Focus on Bitcoin
Strategy (formerly known as MicroStrategy) reported its fourth straight quarterly loss on Wednesday, driven by a significant impairment charge on its bitcoin holdings. The Tysons Corner,...