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GameStop Raising Another $1.75B for Potential Bitcoin Purchases
Following the March announcement of the bitcoin treasury strategy, GameStop raised $1.3 billion through another convertible note offering. The company subsequently purchased 4,710 bitcoin for roughly $500 million during May. GME shares were lower by 10% in after hours trading.
GameStop recently invested $500 million in Bitcoin and plans to buy much more. Video game retailer GameStop's (NYSE: GME) ...
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It's been a long and chaotic journey for GameStop, the brick-and-mortar giant of the video game universe. As foot traffic declined in malls and digital video game purchases became more common, ...
The video game retailer announced plans for a $1.75 billion convertible notes offering to partially fund its bitcoin purchase ...
Circle’s stock soared again while GameStop shares swooned—but SharpLink Gaming’s fall takes the cake on a busy week.
GameStop has increased its convertible note offering to $2.25 billion, up from the $1.75 billion announced earlier this week.
GameStop (GME) plunges after announcing $1.75B convertible notes offering. Dive into its strategy, Bitcoin ventures, earnings ...
GameStop upsized its latest offering of convertible senior notes to $2.25 billion from $1.75 billion, the video game retailer ...
Video game retailer GameStop Corporation (NYSE:GME) recognizes its gaming business is under pressure and is turning to Bitcoin ...
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