In a strategic repositioning, the GameStop CEO hints at a willingness to accept cryptocurrency in exchange of trading ...

“GameStop has just over $10 per share in cash generating an impressive 4% + of annual income, but no clear strategy to reasonably deploy capital,” wrote Wedbush analyst Michael Pachter, in a ...

GameStop cautioned the strategy is untested and bitcoin is highly volatile. ... GameStop also announced fourth-quarter net profit of $131.3 million, ...

In addition to the trading card focus, GameStop is also investing in cryptocurrency as it tries to find a more viable business model. Last month, the company bought about $500 million in bitcoin.

While GameStop’s total gross profit remained stable at approximately $1.23 billion in 2024, compared to 2020, the reduced store count pushed gross profit per store to approximately $385,000 ...

GameStop Corp. surprised investors with a quarterly profit in its second-quarter results Tuesday, but the videogame retailer still has many challenges ahead, according to analyst firm Wedbush.

Green shoots have appeared in GameStop’s (NYSE: GME) results. The turnaround efforts have resulted in operating profitability, but it may not be sufficient to sustain the company's business ...

GameStop Turns a Profit, But Core Business Keeps Shrinking June 12, 2025 — 07:36 am EDT Written by Thomas Hughes, MarketBeat Contributor for MarketBeat -> ...

Shares of Strategy, which has dubbed itself the world’s first bitcoin treasury company, have more than doubled over the past year. Cocksure, unswerving, and devilishly simple at first glance ...

GameStop’s shares sank 20% as the firm upsized its note offering by $500 million, signaling more potential Bitcoin acquisitions. ... Strategy announces pricing of IPO stock.

GameStop Has a Surprising New Strategy for Saving Its Business. Expect to see Pokémon, Magic: The Gathering, and other trading cards take top billing at the retailer as it struggles to compete ...