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GameStop buys a half billion dollars’ worth of Bitcoin, but investors aren’t impressed—and shares are plummeting
fortune.com/2025/05/29/gamestop-buys-a-half-billion-dollars-bitcoin-stock-falls
GameStop says it has purchased roughly half a billion dollars’ worth of Bitcoin. That sent share prices lower as investors shrugged off the latest business strategy. Analysts have questioned why stockholders should support this plan.
GameStop has enacted its latest plan to stay afloat,…
This story appeared on fortune.com, 2025-05-29 15:44:33.