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GameStop Doubles Down: $1.75B Raise Sparks Bitcoin Acquisition Rumors
GameStop Doubles Down: $1.75B Raise Sparks Bitcoin Acquisition Rumors
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GameStop’s latest cash grab—$1.75 billion fresh off the press—has Wall Street whispering about a potential Bitcoin shopping spree. Because what’s a meme stock without a crypto twist?
The move follows the company’s recent pivot toward blockchain and digital assets, leaving analysts torn between applause and eye-rolls. Is this strategic genius or just another Hail Mary from a retailer chasing relevance?
One thing’s clear: GameStop’s playbook now reads like a crypto maximalist’s wishlist. Whether it pays off? That’s a bet only diamond hands would take.
Bonus jab: Because nothing says ''financial prudence'' like dumping billions into volatile assets while your core business model still relies on selling Funko Pops.
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