GameStop, a representative meme stock in the U.S. stock market, declared that it would stockpile Bitcoin, causing its stock price to soar by more than 7% in after-hours trading.
GameStop rose 7.40% to $27.28 in after-hours trading on the New York market on the 25th (local time). Prior to this, the regular market had fallen 0.82%.
GameStop announced in its earnings report shortly after the market closed that it had posted sales of $1.28 billion in the last quarter, a steep 28% drop from the previous year.
However, after declaring a Bitcoin stockpile, the stock price soared in after-hours trading. The former corporate Bitcoin stockpile was Strategy. CEO Michael
Saylor has amassed more than $40 billion in Bitcoin. Since Saylor began investing the company's cash in Bitcoin as a hedge against inflation in 2020, the company has
The stock price of Bitcoin surged by more than 2,600%. Bitcoin rose by about 700% during the same period.
Someone declared they would buy up Bitcoin.
2025/03/26 10:44 KST
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