{"id":13006,"date":"2025-02-13T22:31:57","date_gmt":"2025-02-13T22:31:57","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=13006"},"modified":"2025-02-13T22:31:57","modified_gmt":"2025-02-13T22:31:57","slug":"gamestop-stock-jumps-on-report-its-considering-bitcoin-crypto-investments","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=13006","title":{"rendered":"GameStop Stock Jumps On Report It&#8217;s Considering Bitcoin, Crypto Investments"},"content":{"rendered":"<div>\n<p><strong>GameStop Corporation<\/strong> (NYSE:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/GME#NYSE\">GME<\/a>) is reportedly considering adding <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) and other cryptocurrencies to its balance sheet, a move that would follow several other public companies <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/42196217\/will-gamestop-amc-follow-microstrategy-rumble-into-bitcoin\">into the sector.<\/a><\/p>\n<p><strong>What Happened: <\/strong>Speculation that GameStop has considered buying Bitcoin and other cryptocurrencies has risen in recent years. The company changed its rules on its cash balance to give CEO <strong>Ryan Cohen <\/strong>control over<a href=\"https:\/\/www.benzinga.com\/analyst-ratings\/analyst-color\/23\/12\/36142175\/meme-king-ryan-cohen-now-able-to-trade-stocks-with-gamestop-funds\"> trading the company&#8217;s cash balance<\/a> into stocks and cryptocurrencies.<\/p>\n<p>While Cohen has not made a move yet, the company&#8217;s cash balance has grown. Cohen recently transferred his stake in the company from an LLC to <a href=\"https:\/\/www.benzinga.com\/general\/gaming\/25\/01\/43342224\/ryan-cohen-moves-gamestop-shares-to-personal-name-sparking-speculation-on-next-steps\">his personal name<\/a>, &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/general\/gaming\/25\/02\/43715293\/gamestop-stock-jumps-on-report-its-considering-bitcoin-crypto-investments\" alt=\"GameStop\" stock jumps on report it considering bitcoin crypto investments>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>GameStop Corporation (NYSE:GME) is reportedly considering adding Bitcoin (CRYPTO: BTC) and other cryptocurrencies to its balance sheet, a move that would follow several other public companies into the sector. What Happened: Speculation that GameStop has considered buying Bitcoin and other cryptocurrencies has risen in recent years. The company changed its rules on its cash balance [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-13006","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/13006","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13006"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/13006\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13006"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13006"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13006"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}