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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) ...
Upon taking over GameStop, Cohen called for "extreme frugality," saying every expense must be examined and all waste ...
GameStop Corp. shares fell more than 3% in extended trading Tuesday after the videogame retailer’s first-quarter revenue ...
GameStop upsized its latest offering of convertible senior notes to $2.25 billion from $1.75 billion, the video game retailer ...
1don MSN
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 ...
The video-game retailer’s Bitcoin investments probably won’t inspire hordes of investors to pile into its stock, while there ...
Circle’s stock soared again while GameStop shares swooned—but SharpLink Gaming’s fall takes the cake on a busy week.
Trump Media and Technology Group said on Friday that the U.S. Securities and Exchange Commission has declared effective the ...
Video game retailer GameStop Corporation (NYSE:GME) recognizes its gaming business is under pressure and is turning to Bitcoin ...
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