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Article • May 28, 2025

GameStop and Trump Media Stocks Tumble After Bitcoin Purchases

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GameStop and Trump Media Stocks Tumble After Bitcoin Purchases
Summary
  • GameStop announced the purchase of 4,710 Bitcoin worth $513 million, causing its stock to plummet nearly 11%.
  • Trump Media and Technology Group (TMTG) saw its shares drop over 24% after announcing a $2.5 billion capital raise to buy Bitcoin.

Source: https://cointelegraph.com/news/gamestop-shares-sink-btc-purchase

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