GameStop CEO Teases Crypto Payments, Says Bitcoin Buys Are Inflation Hedge

GME Stock Surges As GameStop Likely Intends To Invest In Crypto

Key Insights: GameStop plans to invest $9B in crypto to drive significant growth. GME stock rises as Bitcoin rallies, benefiting from digital assets. CEO Ryan Cohen promises substantial upside potential through crypto investments. GameStop’s GME stock has slightly increased amid a new strategic move to venture into cryptocurrency. In an interview with the CEO, Ryan Cohen, the company stated it would use a capital of $9 Billion. This announcemen…

GameStop Eyes Crypto Payments After $500M Bitcoin Bet

TL;DR GameStop explores crypto payments for trading cards, focusing on customer demand and blockchain utility. CEO Cohen says Bitcoin buy was a hedge against inflation, not a copy of Strategy. GameStop’s crypto push follows past NFT, wallet attempts; stock remains flat after new comments. Company Considers Crypto for Collectibles GameStop is looking at crypto as a possible payment method for trading cards and collectibles. CEO Ryan Cohen said t…

Bitcoin’s Reputation As An Inflation Hedge Still Holding Strong In Investor Circles

The post Bitcoin’s Reputation As An Inflation Hedge Still Holding Strong In Investor Circles appeared on BitcoinEthereumNews.com. Bitcoin’s Reputation As An Inflation Hedge Still Holding Strong In Investor Circles | Bitcoinist.com Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Godspower Owie is my name, and I work for the news platforms NewsBTC and Bitcoinist. I sometimes like to think of myself as an explorer s…

Crypto Comeback? GameStop Revisits Blockchain Strategy

GameStop is exploring crypto payments for trading cards and has acquired 4,710 BTC as an inflation hedge, signaling a cautious yet strategic embrace of digital assets. The post Crypto Comeback? GameStop Revisits Blockchain Strategy first appeared on Ecoinimist.

GameStop Weighs Crypto Payments After Bitcoin Move - The Cryptocurrency Post

TL;DR GameStop has revealed a $500 million Bitcoin purchase as part of a broader plan to protect its cash reserves from inflation. CEO Ryan Cohen says the company could soon let customers pay with crypto for trading cards and collectibles, depending on actual demand. This move coincides with Bitcoin trading just below its all-time high, while Ethereum’s strength raises questions about Bitcoin’s continued dominance and the shifting landscape of …