...Stanley, Goldman Sachs, And Other Billion Dollar Funds Load Up On GME Stock...

Published on 18 Feb 2025 on Benzinga

...Stanley, Goldman Sachs, And Other Billion Dollar Funds Load Up On GME Stock...

Big billion-dollar funds increased their stakes in GameStop Corp. GME during the fourth quarter of 2024, following a third quarter in which it held $4.616 billion in cash and cash equivalents. This comes as recent reports suggest the video game retailer is planning to buy Bitcoin BTC/USD and other cryptocurrencies.

What Happened: GameStop, which has $4.616 billion in cash and cash equivalents, according to its third quarter 10-Q filing was added to the portfolios of many large funds.

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