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GameStop Corp. (NYSE: GME), a leading retail chain specializing in video games and consumer electronics, has announced financial results for the second quarter of fiscal 2025. Second-quarter net sales increased to $972.2 million from $798.3 million in last year’s second quarter Net income was $168.6 million in Q2, compared to $14.8 million in the prior-year … Read more
GameStop just secured another $450 million in its debt-fueled sprint toward becoming a Bitcoin-heavy treasury, bringing its total capital raise to $2.7 billion. But unlike Strategy, the company is doing so with a retail business in free fall. According to a recent filing with the U.S. Securities and Exchange Commission, video game retailer GameStop (GME) … Read more
GameStop says it plans to focus more on the trading-card business moving forward. This comes as the video game industry grows increasingly digital. Shares of the company fell 20% Thursday following an announcement of a bond sale. GameStop is pouring money into Bitcoin, but that’s not the company’s main focus these days. As the video … Read more
In a surprise move, GameStop (GME) has announced that it will add Bitcoin to its treasury reserve assets alongside reporting a sharp rise in quarterly profit. The company’s shares have jumped 14% in premarket trading on this news. GameStop’s decision to invest in Bitcoin is a bold one, especially considering the volatility of cryptocurrencies. However, … Read more
https://www.profitablecpmrate.com/nsirjwzb79?key=c706907e420c1171a8852e02ab2e6ea4