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GameStop ( GME) stock sank more than 3% on Wednesday after the the video game retailer announced it has purchased 4,710 bitcoin ( BTC-USD ). With bitcoin trading around $108,000 per token in early ...
The price of GME fell sharply Wednesday following word from GameStop that it had made its first Bitcoin purchase.
GameStop’s purchase of 4,710 bitcoin marks its first cryptocurrency purchase since the videogame retailer announced earlier this year that it would make bitcoin a treasury-reserve asset.
The “meme stock madness” that sent GameStop (NYSE:GME) stock “to the moon” during 2021 is now but a distant memory. Yet even after giving back most of its gains from this speculative ...
On the same day, GME’s ticker got nearly 3,000 mentions and more than 100,000 upvotes on Reddit, according to apewisdom.io. Even for a volatile stock like GME, double-digit percentage growth in ...
the chief futurist at ARK In Rishabh Mishra GameStop (GME) Stock Dips Despite Nintendo Switch 2 Preorder Buzz: What's Going On? GameStop stock is down 2.4% on Tuesday. Even with significant buzz ...
Nearly 20% of GME’s float is currently held short. GameStop stock borrow fees, meanwhile, averaged out to about 8% (annualized) during the month of November. Although 8% is not nearly as high as ...