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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.
Circle’s stock soared again while GameStop shares swooned—but SharpLink Gaming’s fall takes the cake on a busy week.
The video game retailer announced plans for a $1.75 billion convertible notes offering to partially fund its bitcoin purchase ...
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 (GME) plunges after announcing $1.75B convertible notes offering. Dive into its strategy, Bitcoin ventures, earnings ...
Trump Media and Technology Group said on Friday that the U.S. Securities and Exchange Commission has declared effective the ...
GameStop announces a $1.75 billion convertible notes offering to fund investments, sparking market reactions. Learn about the ...
GameStop is raising money by selling special financial instruments called Convertible Senior Notes. They plan to sell $2.25 ...
10hon 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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