INSUBCONTINENT EXCLUSIVE:
GameStop CEO Ryan Cohen has teased that the video game retailer could start accepting crypto for trading card purchases and said the
on hardware in the face of rising costs and focus more on trading cards and collectibles, which could one day be bought using
possible venture to accept it as a form of payment
Source: CNBCGameStop previously made forays into the crypto space with a nonfungible token marketplace, which was eventually shuttered in
January 2024 due to concerns about regulatory uncertainty.It also launched a crypto wallet, which it also shut down in November 2023 due to
similar concerns over regulations.Bitcoin a hedge against inflationGameStop joined the growing number of companies buying Bitcoin (BTC) when
execOn June 23, GameStop disclosed it had raised another $450 million as part of its planned $2.25 billion private convertible note offering
jump amid speculation that it was considering investments in alternative asset classes, including crypto.At the close of trading on Tuesday,
