logo

GameStop CEO: Buying BTC to Hedge Against Inflation, Not to Become the Next MicroStrategy

By: theblockbeats.news|2025/07/15 14:22:26

BlockBeats News, July 15th, GameStop CEO Ryan Cohen stated in an interview with CNBC that the company will not follow the MicroStrategy model, but rather has its own unique strategy. Currently, GameStop has a very strong balance sheet, with over $9 billion in cash and marketable securities. The purpose of previously purchasing 4,710 BTC was simply to view Bitcoin as a hedge against inflation and global money printing.

Plasma announces testnet is now live
Glassnode: BTC shows early signs of profit taking, the market may be turning

You may also like

Share
copy

Gainers

Latest Crypto News

17:15

In the past 24 hours, the entire network liquidated $376 million, with the majority coming from the largest short position

17:15

The probability of a 25 basis point interest rate cut by the Federal Reserve in December is currently at 87.2%.

17:15

Trump: Will Announce New Fed Chair in Early Next Year

17:15

Coinbase International Site to Launch DASH Perpetual Contract Trading

16:45

A whale has deposited 1.01 million USDC into Hyperliquid to leverage 10x long on HOOD.

Read more
Community
icon
icon
icon
icon
icon
icon
icon
icon

Customer Support@weikecs

Business Cooperation@weikecs

Quant Trading & MM[email protected]

VIP Services[email protected]