News Explorer — GameStop Considering Buying Bitcoin and Other Crypto Assets: Report

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Feb 13, 10:30 pm

Decrypt

GameStop Considering Buying Bitcoin and Other Crypto Assets: Report

GameStop's stock price surged after reports of potential interest in Bitcoin, reaching nearly $31 after hours. The company previously ventured into the Web3 world with an NFT marketplace, but closed it due to regulatory uncertainty in early 2024. GameStop's CEO Ryan Cohen's photo with Strategy co-founder Michael Saylor fueled rumors of the retailer's crypto pursuits.

GameStop's stock price surged after reports of potential interest in Bitcoin, reaching nearly $31 after hours. The company previously ventured into the Web3 world with an NFT marketplace, but closed it due to regulatory uncertainty in early 2024. GameStop's CEO Ryan Cohen's photo with Strategy co-founder Michael Saylor fueled rumors of the retailer's crypto pursuits.

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