Welcome DT News

  • CONTACT
  • ABOUT US
Deythere
  • Home
  • News
    Bitcoin liquidity
    NewsBitcoinCryptoMarket

    Arthur Hayes Bitcoin Prediction Warns: “Liquidity Now Rules BTC’s Future”

    Arthur Hayes Bitcoin prediction has once again sent shockwaves across the crypto…

    By
    Jonathan Swift
    October 10, 2025
    image 142
    CryptoNewsSponsored Article
    Investors Pile Into MOBU, AVAX, and SUI – Analysts Rank Them Among the 10 Best Cryptos to Buy Now
    October 10, 2025
    Bitcoin ETF Inflows Hit $2.72B as XRP, DOGE, and SOL Lose Steam
    BitcoinCryptoMarketNews
    Bitcoin ETF Inflows Hit $2.72B as XRP, DOGE, and SOL Lose Steam
    October 10, 2025
    image 138
    NewsCryptoSponsored Article
    Top Crypto to Buy in October 2025: MoonBull Presale Goes Viral With $300K+ Raised as XLM Rebounds and DOT Holds Firm
    October 10, 2025
    SEC to Introduce “Innovation Exemption” for Crypto Firms by 2026, Chair Paul Atkins Confirms
    NewsCryptoMarket
    SEC to Introduce “Innovation Exemption” for Crypto Firms by 2026, Chair Paul Atkins Confirms
    October 9, 2025
  • Cryptocurrency
    Bitcoin liquidity
    Arthur Hayes Bitcoin Prediction Warns: “Liquidity Now Rules BTC’s Future”
    9 Min Read
    image 142
    Investors Pile Into MOBU, AVAX, and SUI – Analysts Rank Them Among the 10 Best Cryptos to Buy Now
    10 Min Read
    Bitcoin ETF Inflows Hit $2.72B as XRP, DOGE, and SOL Lose Steam
    Bitcoin ETF Inflows Hit $2.72B as XRP, DOGE, and SOL Lose Steam
    6 Min Read
    image 138
    Top Crypto to Buy in October 2025: MoonBull Presale Goes Viral With $300K+ Raised as XLM Rebounds and DOT Holds Firm
    8 Min Read
    SEC to Introduce “Innovation Exemption” for Crypto Firms by 2026, Chair Paul Atkins Confirms
    SEC to Introduce “Innovation Exemption” for Crypto Firms by 2026, Chair Paul Atkins Confirms
    7 Min Read
    UK Sets Sights on Global Leadership in Tokenization With Digital Markets
    UK Sets Sights on Global Leadership in Tokenization With Digital Markets
    7 Min Read
    Previous Next
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Reading: GameStop To Invest in Bitcoin, Stock Rises 20% in Over Night Trading
Share

[ccpw id=”7831″]

DeythereDeythere
Font ResizerAa
  • Home
  • Crypto
  • Market
  • News
  • Blockchain
  • Contact
Search
  • Home
  • News
  • Cryptocurrency
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Have an existing account? Sign In
Follow US
© DT News. All Rights Reserved.
Deythere > News > Crypto > Bitcoin > GameStop To Invest in Bitcoin, Stock Rises 20% in Over Night Trading
CryptoBitcoinMarketNews

GameStop To Invest in Bitcoin, Stock Rises 20% in Over Night Trading

GameStop To Invest in Bitcoin, Stock Rises 20% in Over Night Trading
Jane Omada Apeh
Last updated: February 14, 2025 8:25 am
By
Jane Omada Apeh
Published February 14, 2025
6 Min Read
Share

GameStop (GME) stock surged 20% in after-hours trading after a report the company is considering investing in Bitcoin (BTC). According to CNBC, it looks like GameStop would evaluate this as to whether it could put money into Bitcoin and the other cryptos through its corporate policy as an option for its balance sheet.

Contents
  • GameStop CEO Meets Bitcoin Investor Michael Saylor
  • GameStop’s History with Crypto & NFT
  • What Lies Ahead for GameStop and Bitcoin?
  • Conclusion
  • FAQ
    • 1. Why did GameStop stock jump 20% in after-hours trading?
    • 2. Is GameStop officially investing in Bitcoin?
    • 3. What happened to GameStop’s crypto wallet?
    • 4. How does Bitcoin investment affect GameStop?
    • 5. What is GameStop’s experience with NFTs?
  • Glossary
  • References

GameStop shares went up to $31.30 from $26.30 in regular trading. Prices settled around $28.36, up 7% and clearly showing investor demand. A Solana memecoin related to GameStop (not backed by the company) went up to $0.0027 before dropping back to $0.0025 according to CoinGecko.

GameStop CEO Meets Bitcoin Investor Michael Saylor

According to reports; whispers on a possible GameStop Bitcoin investment; Ryan Cohen, CEO of GameStop, just met with Michael Saylor, founder and Executive Chairman of Strategy (formerly MicroStrategy)-the largest corporate holder of Bitcoin with over 400,000 BTC.

Cohen posted a picture of the meeting on Feb 8, sparking speculation that GameStop would follow a Strategy-like investment model for Bitcoin. But CNBC clarified that Saylor is not involved in GameStop’s discussions on investing in BTC.

It makes sense for GameStop to do so given the company’s financial situation, which, as of Q3 2024, has around $4.616 billion in cash reserves and total liabilities of less than $1.5 billion. If GameStop decides to keep a portion of its reserves in Bitcoin, it would become one of the largest corporate holders of digital assets.

GameStop To Invest in Bitcoin, Stock Rises 20% Over Night Trading
GameStop To Invest in Bitcoin, Stock Rises 20% Over Night Trading

GameStop’s History with Crypto & NFT

GameStop isn’t new to crypto, either. In May 2022 they launched a crypto wallet where users could store and trade virtual assets. Sources say they shut down the wallet in 2023 due to regulatory uncertainty.

They also dabbled in NFTs with their NFT marketplace opening on October 31, 2022. This NFT marketplace for gaming assets was through a partnership with ImmutableX, an Ethereum Layer 2 blockchain solution.

After a hot start; GameStop allegedly left the NFT space in January 2024 due to lack of volume in the sector.

What Lies Ahead for GameStop and Bitcoin?

Investing in the currency could provide GameStop with hedges against inflation as well as some defensive diversifications of its assets.It shouldn’t be thought otherwise, though. The company has yet to make any formal announcement regarding its investment in Bitcoin.

Analysts in the industry agree that if even GameStop pursues the plan, it will likely take the same path as Tesla and MicroStrategy have taken with respect to Bitcoin inclusion in their corporate coffers.

GameStop To Invest in Bitcoin, Stock Rises 20% Over Night Trading
GameStop To Invest in Bitcoin, Stock Rises 20% Over Night Trading

Conclusion

The speculation of GameStop’s potential Bitcoin investment creates a buzz in the market, especially given its healthy financial state and the recent encounter of its CEO, Ryan Cohen, with Michael Saylor.

Should the company make such a move, it would mark a historical moment in American corporate adoption of Bitcoin. Investors will keep a close eye on GameStop’s next moves as the prospect of digital asset exposure is weighed.

Stay updated with Deythere as we’re available around the clock, providing you with updated information about the state of the crypto world.

FAQ

1. Why did GameStop stock jump 20% in after-hours trading?

GameStop shares shot up when it was reported that the company is all set to invest in Bitcoin. Also drove the interest in investors when news of a meeting between CEO Ryan Cohen and Bitcoin advocate Michael Saylor surfaced.

2. Is GameStop officially investing in Bitcoin?

GameStop is still evaluating and hasn’t made an official announcement. The reports suggest that they are seriously considering Bitcoin to be on their balance sheet.

3. What happened to GameStop’s crypto wallet?

In 2022, GameStop launched a crypto wallet but discontinued it in 2023 due to regulatory uncertainty.

4. How does Bitcoin investment affect GameStop?

GameStop makes the company more resilient financially by investing in Bitcoin, much like MicroStrategy and Tesla.

5. What is GameStop’s experience with NFTs?

GameStop opened an NFT marketplace in late 2022. It was shut down in January 2024 since interest in it was low and market problems troubled the project.

Glossary

Bitcoin (BTC): The largest and most established cryptocurrency by market capitalization, also referred to as digital gold.

After-Hours Trading: Stock trading after the close of regular market hours.

NFT (Non-Fungible Token): A digital asset that is unique and is encoded on a blockchain, usually-traditionally-to an art, collectibles, or gaming.

Layer 2 Blockchain: A complementary structure on a base blockchain to optimize scalability and reduce cost of transactions

Corporate Treasury Strategy: A treasury approach in which companies invest through some of their resources in different kinds of assets, such as Bitcoin, in order to hedge financial risks and potentially add value in the future.

References

  1. MarketWatch
  2. Investopedia
  3. Yahoo Finance
  4. BizTech Africa
  5. Decrypt
Advertising

For advertising inquiries, please email . [email protected] or Telegram

XRP Price Prediction for Today: Is $5 Within Reach?  

Trump Executive Order Puts Europe on High Alert for Digital Currency

Dog (Runes) in the Spotlight A Study of Its Recent Market Trends

BlackRock’s Bitcoin Fund Bleeds $420M—Will this ETF Losing Streak Continue?

MoonBull Whitelist Almost Gone – Catch The Best New Upcoming Crypto Wave, While Peanut The Squirrel And Baby Doge Coin Blaze Trails

TAGGED:BitcoinCrypto & NFTGameStop

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
ByJane Omada Apeh
Follow:
Omada is a dedicated crypto journalist with a passion for making the fast-paced world of digital assets understandable and engaging. With years of experience covering cryptocurrency and blockchain innovation, she offers readers more than just the headlines. She provides context, clarity, and depth. Her work spans everything from market trends and regulatory updates to emerging technologies and real-world use cases that are shaping the future of finance. Omada strives to bridge the gap between complex crypto concepts and everyday readers, ensuring that both seasoned investors and curious newcomers can find value in her insights. Her mission is simply to inform, inspire, and keep her audience one step ahead in the ever-evolving crypto universe.
Previous Article cryptocurrency market scene featuring XRP with dynamic trading charts bullish and bearish indicators and an intense market atmosphere. Lark Davis Shares New XRP Predictions Amid Market Uncertainty
Next Article Ethereum Just Shifted 120 Million Into DeFi and It Could Trigger the Next Crypto Boom Ethereum Just Shifted 120 Million Into DeFi and It Could Trigger the Next Crypto Boom
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Subscribe to our newslettern

Get Newest Articles Instantly!

Popular News
crypto 2024
Crypto Derivatives Market Heats Up as Innovative Products Emerge
crypto approval
Blockchain Revolutionizes Energy Markets with Decentralized Trading Platforms
crypto news
Cutting-Edge Mining Technologies Drive Efficiency in Cryptocurrency Production
crypto 2024 1200x720
Decentralized Identity Emerges as a Catalyst for Data Privacy Renaissance
space
Tech Giant Announces Breakthrough in Quantum Computing
worldwide protest
Worldwide Protests Demand Action on Climate Change
global
Global Economic Forecast Reveals Slow Recovery Post-Pandemic
solar power
Revolutionary Solar Power Technology Unveiled

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Youtube Telegram Linkedin
Deythere

DT News influence 20 million users and is the number one business blockchain and crypto news network on the planet.

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

Menu

  • Home
  • News
© DT News. All Rights Reserved.
Banner 1
Banner 2
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

  • English