Crypto Weekly
Subscribe
No Result
View All Result
Crypto Weekly
  • Home
  • News
    • Bitcoin
    • Binance
    • Ripple
    • Ethereum
    • Cardano
  • Learn
    • Crypto 101
    • Crypto Wallets
    • Crypo Investing
  • Regulation
  • Advertise with us
  • Subscribe
No Result
View All Result
Crypto Weekly Magazine
No Result
View All Result
  • Home
  • News
  • Learn
  • Regulation
  • Advertise with us
  • Subscribe

GameStop wipes out $3B in market cap as stockholders question Bitcoin plan

cryptoweekly by cryptoweekly
March 27, 2025
in bitcoin, News
0

According to analysts, the lukewarm response reflects concerns that GameStop may be trying to distract investors from deeper issues with its business model.

GameStop shed nearly $3 billion in market capitalization on March 27 as investors second-guessed the videogame retailer’s plans to stockpile Bitcoin (BTC), according to data from Google Finance. 

On March 26, GameStop tipped plans to use proceeds from a $1.3 billion convertible debt offering to buy Bitcoin — an increasingly popular strategy for public companies looking to boost share performance. 

GameStop’s announcement came a day after it proposed building a stockpile of cryptocurrencies, including Bitcoin and US dollar-pegged stablecoins. 

Read more

Previous Post

$16.5B in Bitcoin options expire on Friday — Will BTC price soar above $90K?

Next Post

Sei Foundation floats 23andMe acquisition, genetic data on the blockchain

Next Post

Sei Foundation floats 23andMe acquisition, genetic data on the blockchain

Latest News

Crypto tax evaders to face fines in the United Kingdom

Crypto tax evaders to face fines in the United Kingdom

by cryptoweekly
July 6, 2025
0

...

$8.6B Bitcoin whale transfer shows no signs of sell-off: Arkham

by cryptoweekly
July 6, 2025
0

...

Secret Service seizes $400M in crypto, cold wallet among world’s largest

by cryptoweekly
July 6, 2025
0

...

Taxing Bitcoin ‘doesn’t make a ton of sense’ — Fund manager

by cryptoweekly
July 6, 2025
0

...

Dogecoin set for rebound? Ripple eyes US banking license: Hodler’s Digest, June 29 – July 5

by cryptoweekly
July 6, 2025
0

...

Drake mentions Bitcoin in new song 'What Did I Miss?'

by cryptoweekly
July 5, 2025
0

...

Mercado Bitcoin announces tokenization of $200M in RWAs on XRPL

by cryptoweekly
July 5, 2025
0

...

The XRP signal that preceded 25% average drops in 2025 flashes again

by cryptoweekly
July 5, 2025
0

...

Tokenized equity still in regulatory grey zone — Attorneys

by cryptoweekly
July 5, 2025
0

...

Crypto’s path to legitimacy runs through the CARF regulation

by cryptoweekly
July 5, 2025
0

...

Got a Story tip? Email Contact@cryptoweeklymag.com

CMC Coin

A marketing-focused coin w/ a unique set of tokenomics & incredible use cases! The official coin of Crypto Weekly Mag!
Learn More

News

Recent Posts
  • Crypto tax evaders to face fines in the United Kingdom
  • $8.6B Bitcoin whale transfer shows no signs of sell-off: Arkham
  • Secret Service seizes $400M in crypto, cold wallet among world’s largest
  • Taxing Bitcoin ‘doesn’t make a ton of sense’ — Fund manager
  • Dogecoin set for rebound? Ripple eyes US banking license: Hodler’s Digest, June 29 – July 5
  • Drake mentions Bitcoin in new song 'What Did I Miss?'
  • Mercado Bitcoin announces tokenization of $200M in RWAs on XRPL

Office

Crypto Weekly
71 – 75 Shelton Street
Covent Garden London, UK

Stay Connected

Facebook Twitter Instagram Telegram

© 2022 crypto weekly. All rights reserved

  • Home
  • News
    • Bitcoin
    • Binance
    • Ripple
    • Ethereum
    • Cardano
  • Learn
    • Crypto 101
    • Crypto Wallets
    • Crypo Investing
  • Regulation
  • Advertise with us
  • Subscribe
Translate »