GameStop Rises 11% in Pre-Market on Bitcoin Reserve Expectations

Source
Son Min

Summary

  • It was reported that GameStop's pre-market stock price rose by 11%.
  • It was stated that the reason for the stock price increase is the expectation of GameStop's Bitcoin purchase.
  • It was reported that the proposal to incorporate Bitcoin into the balance sheet was unanimously passed.

GameStop's stock price rose by 11% in pre-market trading.

According to Investing.com on the 26th (local time), GameStop's pre-market stock price is trading at $28.34, up 11.57% from the previous closing price.

This is due to expectations of GameStop's purchase of Bitcoin (BTC). Previously, GameStop announced in a shareholder letter that "the proposal to incorporate Bitcoin into the balance sheet was unanimously passed."

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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