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Here’s why GameStop’s stock has been in play again. It’s not a meme thing this time. - MarketWatch

1. GME stock rises due to Bitcoin's recent price surge. 2. GameStop's board added Bitcoin as a treasury-reserve asset. 3. GME was the second trending ticker on Stocktwits. 4. GameStop posted its third consecutive quarterly profit in March. 5. Stock sentiment on GME is now 'bullish' among investors.

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FAQ

Why Bullish?

GME's investment in Bitcoin aligns it with a trending asset class, historically boosting stock performance.

How important is it?

Investor sentiment and Bitcoin's influence could significantly impact GME's stock trajectory.

Why Short Term?

With Bitcoin's volatility and GME's recent momentum, positive immediate performance is expected.

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