Tag: microstrategy

Crypto Bets MicroStrategy and GameStop's Risky Game

Crypto Bets MicroStrategy and GameStop's Risky Game

OverTraders.com is here to analyze the intriguing moves of two companies venturing into the world of cryptocurrency investments: MicroStrategy and GameStop. Although each agency has made headlines with their respective forays into the world of digital assets, their strategies, motivations and outcomes will significantly differ from each other’s. Here is...

GameStop Jumps Into Bitcoin Following Strong Fourth Quarter

GameStop Jumps Into Bitcoin Following Strong Fourth Quarter

GameStop announced its board of directors has unanimously approved a plan to purchase bitcoin using the company's corporate cash reserves. This move, similar to MicroStrategy's well-known bitcoin investment strategy, comes as investors celebrate GameStop's positive fourth-quarter results. The announcement triggered a rapid spike in the company’s stock. It surged over...