GameStop Mulls Investing in Bitcoin, Other Cryptocurrencies, Sources Say, CNBC Reports

Dow Jones
02-14
 

--GameStop is looking into investing in alternative assets such as bitcoin and other cryptocurrencies, CNBC reports, citing people familiar with the matter.

--The videogame retailer is still in the process of figuring out if this investments would make sense for its business, CNBC reports, citing one of the people.

--While last weekend CEO Ryan Cohen posted a photo on X with Michael Saylor, co-founder and chairman of MicroStrategy, Saylor isn't involved in GameStop's discussion around crypto investments, CNBC reports, citing two of the people.

 

Full article at https://www.cnbc.com/2025/02/13/gamestop-is-considering-investing-in-bitcoin-and-other-cryptocurrencies-sources-say.html

 

Write to Sabela Ojea at sabela.ojea@wsj.com

 

(END) Dow Jones Newswires

February 13, 2025 17:46 ET (22:46 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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