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Billionaire investor Ryan Cohen has been appointed as the new Chief Executive Officer (CEO) of GameStop, a brick-and-mortar video game retailer in the United States, a move that could potentially impact Dogecoin. GameStop’s stock and the Dogecoin price have shown signs of correlation. Before assuming this role, Cohen had been the Executive Chairman of GameStop since…
GameStop, the video game retailer that took Wall Street by storm in 2021, has once again become the talk of the town as its share price surges 100%. Fueling this rally is the return of the influential social media figure Keith Gill’s “Roaring Kitty.” After a long hiatus, Roaring Kitty’s recent activity on social platforms,…
TL;DR GameStop’s Form 10-Q includes digital asset custody risk disclosures. The filing discusses circumstances in which a custodian may liquidate or retain custody assets under default or insolvency-related events. The issue should be framed as a risk disclosure, not as a current liquidation threat. GameStop Discloses Digital Asset Custody Risks GameStop’s latest Form 10-Q filing…
Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this…
Video game retailer GameStop has entered the non-fungible token (NFT) space. According to the Wall Street Journal, it is forming a division to develop a marketplace for non-fungible tokens and form cryptocurrency partnerships with crypto firms. GameStop To Build NFT Marketplace According to the WSJ story, the company has employed more than 20 individuals to…
On‑chain trackers showed GameStop’s $324 million worth of bitcoin leaving its wallets for Coinbase. Many assumed a full‑blown dump, but SEC filings show the company still has exposure to Bitcoin, just not in the way most traders think. Related Reading A Bitcoin “Covered-Call” Deal On paper, GameStop now only owns 1 BTC. The gaming company’s…