Is GameStop Stock a Buy, Sell, or Hold as Ryan Cohen Flirts With Bitcoin?

From Barchart: 2025-02-16 09:00:02

GameStop is considering holding Bitcoin on its balance sheet as a strategy to address slowing revenue growth in 2025. This move comes as the company faces challenges in the retail sector and seeks alternative ways to boost its financial position. The decision to hold Bitcoin could potentially help GameStop diversify its assets and adapt to the changing landscape of the market. However, it also carries risks due to the volatility of the cryptocurrency market. GameStop’s plan to hold Bitcoin reflects a growing trend among companies seeking to explore new avenues for growth and sustainability.



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