The Latest Breaking News from Ryan Cohen

Shares of GameStop Corp (NYSE:GME) are pushing higher in Monday afternoon trading, seeing a spike in volatility despite a lack of specific news or catalysts for the session.

Video game retailer GameStop Corporation (NYSE:GME) made headlines for the wrong reasons when a sales associate stapled receipts through customers' new Nintendo Switch 2 consoles. That unfortunate event has now turned into a piece of memorabilia from the company for one lucky bidder.

The auction also includes the stapled Switch 2 console and box, the staple that did the damage, and a pair of the GameStop CEO's underwear, which I will explain within.

GameStop says "no employees were harmed" in the aftermath of Staplegate

GameStop stock is a bargain. It has $9.066 billion in cash after its recent 0% $2.68 billion convertible note, or $20.27 p/sh. It also has $492.4 million in Bitcoin ($1.10), a total liquidity of $21.37 per share. Its SOTP value is over $42 per share

Former video game stronghold is going all in on something entirely different.

GameStop is back in the spotlight — and not just because of earnings. Here's what you need to know about GME stock now.

GameStop purchased 4,710 bitcoins based on the thesis that the digital asset could hedge against global currency devaluation.

GameStop invests over $500 million in bitcoin, marking its first major move into cryptocurrency.