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Business & Economics

Breaking: GameStop Acquires 4,710 Bitcoin, GME Stock Jumps 3%

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Summary
Nutrition label

60% Informative

GameStop announced that it had purchased 4,710 BTC for its Bitcoin Treasury .

GME stock price jumped over 3% following this announcement.

This comes two months after the retail company revealed plans to raise $1.3 billion to buy BTC.

GameStop failed to disclose the average price at which it bought these coins.

VR Score

32

Informative language

14

Neutral language

55

Article tone

formal

Language

English

Language complexity

43

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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