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GameStop invests 10% of its cash in Bitcoin, shifting its strategy despite shrinking core business. Read more here.
Shares of video game and collectibles retailer GameStop dropped nearly 11% on May 28 after the company announced its first ...
Cohen started off by noting that GameStop ( NYSE: GME) was a "piece of crap" and losing a lot of money when he took over. He said financial discipline, cost-cutting measures, and shifting the business ...
GameStop has purchased a significant amount of Bitcoin as a reserve investment, although this action has caused share price ...
"This isn’t just a business decision — it's about bringing something back that Canadians truly loved," said Tetrault, owner and CEO ... as a strategy. The transition from GameStop Canada ...
Earlier this year, GameStop CEO Ryan Cohen announced his intention ... New owner Stephan Tetrault already has experience in the collectibles business, as he’s a co-owner of MacFarlane Toys.
A familiar name in Canadian gaming is making a comeback. GameStop Canada, previously known as Electronics Boutique (EB Games), is being revived under its original branding following a major ...
though collectible sales rose. Cohen became the chairman of GameStop in 2021 — and CEO in 2023 — after an activist battle that helped turn the company into a meme stock at the height of the pandemic.
The gambit was pioneered by Michael Saylor’s Strategy, the enterprise ... Last month, GameStop Chief Executive Officer Ryan Cohen teased at the idea, posting a picture of himself and Saylor ...
GameStop’s collectibles category generated $271 million in net sales in the fourth quarter, according to financial results released for the company's 2024 fiscal year Tuesday. Up from $171 ...
GameStop may be credited as the first meme stock, but the video game retailer's CEO seems to be hinting that the company ... but the practice was pioneered by Strategy, which has been buying Bitcoin ...
GameStop CEO Ryan Cohen derided “wokeness and DEI” as the video game retailer giant seeks to sell operations in France and Canada. The company announced in a Tuesday release that as a part of ...