GameStop dives into Bitcoin, but investors aren’t buying it…yet 🕹️
GameStop recently announced its intentions to enter the cryptocurrency market by purchasing Bitcoin. This decision, described as a "very profitable investment" by Ari10 CEO, was unanimously approved by GameStop's board of directors. The company plans to utilize both corporate cash and future capital raises to acquire crypto assets. Despite the strategic move, investor enthusiasm has been lukewarm, as they have not yet fully embraced GameStop's foray into the crypto world.
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