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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.
Looking at the chart below, we can see that there were two major drops in GameStop's stock price over the past month -- one after each Bitcoin-related news item was announced. Overall, GameStop is ...
The video game retailer announced plans for a $1.75 billion convertible notes offering to partially fund its bitcoin purchase ...
GameStop has increased its convertible note offering to $2.25 billion, up from the $1.75 billion announced earlier this week.
Circle’s stock soared again while GameStop shares swooned—but SharpLink Gaming’s fall takes the cake on a busy week.
Shares of the video game retailer GameStop (NYSE: GME) had tanked roughly 19%, as of 10:18 a.m. ET today. The company ...
Video game retailer GameStop Corporation (NYSE:GME) recognizes its gaming business is under pressure and is turning to Bitcoin ...
GameStop upsized its latest offering of convertible senior notes to $2.25 billion from $1.75 billion, the video game retailer ...
GameStop is leaning heavily to trading cards as part of it's future strategy, according to CEO Ryan Cohen. The news comes as ...
1don MSN
As the video game industry goes increasingly digital, cutting out retailers for software sales, GameStop is pivoting toward the trading-card business, CEO Ryan Cohen said at the company’s annual ...
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