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Why GameStop might jump on board the bitcoin bandwagon - MarketWatch

1. GameStop considers Bitcoin investment, shares spiked 7%. 2. CEO Ryan Cohen hints at crypto direction with social media posts. 3. Bitcoin-friendly environment boosts crypto companies, spurring interest. 4. GameStop's stock surged 81.5% over the last year.

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FAQ

Why Bullish?

Interest in Bitcoin aligns GameStop with growing crypto market trends, resembling past tech investments.

How important is it?

GameStop's potential pivot to Bitcoin could attract new investors, increasing stock volatility.

Why Short Term?

Immediate trading reactions observed, but sustained impact depends on execution of investment.

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