GameStop in the Pivotal Point Check: Video Game Retailer Causes a Stir With Bitcoin Entry – Bond Issuance of $1.3 Billion Weighs on Stock.
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The board of GameStop has given the green light for Bitcoin as a reserve asset, which is being celebrated by the crypto community. The Q4 numbers show that the company is still struggling with challenges. Plans to issue convertible bonds worth $1.3 billion have raised concerns among investors. In its quarterly results announcement on March 25, 2025, GameStop caused a stir in the crypto community. Already in mid-February, there was a CNBC report about possible crypto investments by the company. Now the official confirmation...
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