Gamestop shares decrease 22 % with Bitcoin analysts interrogation

Gamestop (GME) shares decreased by 22 % after the company revealed plans to buy Bitcoin (BTC) using revenue from a transferred debt of $ 1.3 billion, which raised suspicions of analysts.

The diving has wiped $ 3 billion in the company’s market value, according to Google Financing Data As of 2:14 am EST.

Gamestop increased by 12 % yet The company announced the investment plan in Bitcoin On March 25, but the gathering was reflected yesterday amid the details of its debt issuance plan and as analysts began to question the logical basis behind the strategy.

Analysts ask Gamestop business model

Brent Kinwell, an American investment analyst in Itoro, said investors are asking about the company’s business model.

“If Bitcoin will be the axis, then where does that leave everything else?” He said in interview With Reuters yesterday.

With no confirmation of investors from the future Gamestop direction, Michael Pachter, a social Michael Pachter analyst with its weak classification of GME.

“The price of the Gamestop shares will decrease before the transfer is issued, especially given that the transferred investor will get a zero voucher and Iman will be asked that the Gamestop Meme will last for another five years,” he said.

Bitcoin Peter Schiff also participated in the last Gamestop decision to buy BTC.

He said in a post on March 27 x.

$ GME I lost all profit inspired by Bitcoin yesterday by 15 %. The shares now decreased 2 % during the two days combined. Now that all fools have already rushed, the most intelligent investors sell because they realize that wasting the purchase of cash is not a long -term business model.

– Peter Chef (@PETERSCHEFF) March 27, 2025

“Now that all fools have already rushed, the most intelligent investors sell because they realize that wasting the purchase of cash is not a long -term business model.”

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