
GameStop’s $1.5B Bet on Bitcoin Pushes GME Stock Price
GameStop’s latest fundraising brought its stock to the green zone as the video game retailer wants Bitcoin exposure.
1H
-0.11%$0.0000
24H
9.53%$0.0002
7D
1.80%$0.0000
30D
18.4%$0.0003
GameStop’s latest fundraising brought its stock to the green zone as the video game retailer wants Bitcoin exposure.
GameStop continues to attract investor interest, especially as it diversifies its business.
Formal federal prosecutors said that the plaintiff’s charges on Gill pulling off a fraud wouldn’t stand ground as it would be obvious that he was trying to profits from Gill’s hype over GameStop, thereby failing to prove himself as a reasonable investor.
It appears that from a legal standpoint, this entire lawsuit might not hold water.
GameStop announced the proceeds from the ATM program will be used for general corporate purposes including strategic acquisitions and investments.
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