GameStop (GME) Stock: Ryan Cohen Pivots From Bitcoin to Pursue Massive Consumer Acquisition

TLDR GameStop CEO Ryan Cohen revealed plans to acquire a major publicly traded consumer company GME stock surged 8% following the announcement, with year-to-date gains reaching 25% The company moved 4,710 BTC ($368 million) to Coinbase Prime, suggesting possible liquidation Cohen called the acquisition plan “way more compelling than bitcoin” GameStop bought the bitcoin for [...]

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