Gamestop’s Potential Bitcoin Move A ‘Hail Mary,’ Says Peter Schiff —Crypto Themed On Company Rips 440%

Renowned economist Peter Schiff criticized video game retailer GameStop Corp.’s (NYSE:GME) potential move to invest in Bitcoin (CRYPTO: BTC) on Thursday, likening it to a desperate attempt to gain relevance.

What Happened: Schiff said the company, which he believed lacked a “viable” business plan, had “thrown another Hail Mary” by considering adding Bitcoin to its reserves.

“The irony is that Bitcoin is even more overpriced than GME,” Schiff’s X post read.

Full story available on Benzinga.com