GameStop climbs on bitcoin bet
ReutersMar 26, 2025 10:44 AM
Video game retailer GameStop's GME.N shares rise ~14% to $28.96 premarket
On Tuesday, GME said its board approved adding bitcoin as treasury reserve asset
GME also reported Q4 net income of $131.3 mln, compared with $63.1 mln a year ago
Posted Q4 sales of $1.28 bln, below analysts' est of $1.48 bln - LSEG
GME closed 590 stores in 2024 and plans to close more stores in 2025
Stock gained 68% in the last 12 months
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