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GME's Bitcoin Bet: A Gimmick or Genius Move?

GME's Bitcoin Bet: A Gimmick or Genius Move?

Schwab Network · Schwab Network

May 29, 20259m 36s

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Show Notes

GameStop's (GME) move to buy Bitcoin (/BTC) has some calling it a clever attempt to grab attention and create volatility in the stock. Tom Essaye thinks it's a "gimmick" that distracts from the company's larger issue - a declining core business. While he applauds GameStop's ingenuity, he believes they need a credible plan to create long-term value, beyond just buying and holding trendy assets like Bitcoin.


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