GameStop CEO: Buying Bitcoin is to hedge against inflation, and will not imitate Strategy's model
2025/07/15 21:49
PANews reported on July 15 that according to CNBC, GameStop CEO Ryan Cohen said in an interview that the company will not follow Strategy's model, but has its own unique strategy. GameStop currently has a very strong balance sheet with more than US$9 billion in cash and securities. The purpose of purchasing 4,710 BTC before was only to regard Bitcoin as a tool to hedge against inflation and global money printing.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
The jury of Tornado Cash co-founded Storm is composed of 7 women and 5 men, half of whom are under the age of 31.
PANews reported on July 16 that according to Eleanor Terrett, the first day of the trial of Tornado Cash co-founder Storm has ended. The jury consists of 7 women and
Share
PANews2025/07/16 12:27
Shanghai adds 5 registered generative artificial intelligence services
PANews reported on July 16 that as of July 14, Shanghai had added 5 generative AI services that had completed registration, and a total of 100 generative AI services had
Share
PANews2025/07/16 12:16
OpenAI: ChatGPT users are experiencing increased error rates, and the company team is working to implement mitigation measures
PANews reported on July 16, market news: OpenAI said that it has discovered that ChatGPT users are experiencing increased error rates, and the company team is working hard to implement
Share
PANews2025/07/16 12:29