Stock Track | GameStop Soars 6.39% Amid Speculation of Bitcoin Adoption
GameStop Corp. shares surged 6.39% in intraday trading on Tuesday, amid speculation that the company could follow the footsteps of MicroStrategy and Rumble Inc. in adopting Bitcoin as a treasury asset.The speculation was fueled by a news article from Benzinga, which reported that Rumble Inc. had approved a plan to invest up to $20 million in Bitcoin. The article also mentioned that GameStop's board had previously granted CEO Ryan Cohen increased control over the company's cash hoard, raising t