Peter Schiff Slams GameStop's Bitcoin Move as GME Stock Slides

Popular Bitcoin critic Peter Schiff has blasted GameStop for its recent pivot to Bitcoin, linking the move to the video game retailers stock decline. GameStops decision to raise capital through a convertible debt offering to fund future Bitcoin purchases sparked a short-lived rally but ultimately led to a drop of over 2% in GME shares.

Source: tokenpost.com

Related symbols: BTCUSD