GameStop’s Retail Business Is Dwindling. Could It Buy Bitcoin Like MicroStrategy Instead? - Barron's
1. GameStop considers investing in Bitcoin, aligning with MicroStrategy's strategy. 2. GME shares rose 4.1% following the crypto investment speculation news. 3. Market analysts express skepticism about GME's significant price rise due to Bitcoin. 4. GME remains highly volatile; historical meme stock behavior continues to influence valuation. 5. GameStop's current share price is significantly lower than its peak in January 2021.