GameStop stock rockets 18% – Rumors of a bold Bitcoin bet spark a rally

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AMB Crypto 9 months ago 204

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Posted: February 14, 2025

  • A new revelation suggested GameStop may invest in Bitcoin and other altcoins, aligning with broader institutional adoption of digital assets.
  • GME’s continued rally depends on reclaiming a key support level.

In the past 24 hours, GameStop [GME] surged 23.97% as sentiment shifted, pushing its weekly gain to 65.44%.

To break even on the monthly timeframe, GME must rally another 23.08%. While market sentiment remains bullish, further gains will require reclaiming a critical support level.

This could potentially fuel a 178% rally.

GameStop joins institutions embracing crypto

GameStop, a leading video game retailer, has surged 23%, at press time, following reports that the company is exploring cryptocurrency investments.

Sources suggest the company is c...



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