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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 ...
GameStop Corp. shares are down more than 4% Wednesday after the videogame retailer’s first-quarter revenue missed Wall Street ...
Circle’s stock soared again while GameStop shares swooned—but SharpLink Gaming’s fall takes the cake on a busy week.
GameStop announces a $1.75 billion convertible notes offering to fund investments, sparking market reactions. Learn about the ...
GameStop acquires 4,710 Bitcoin worth $516.6M, diversifies its revenue stream, and launches a Bitcoin-focused ETF amid ...
GameStop upsized its latest offering of convertible senior notes to $2.25 billion from $1.75 billion, the video game retailer ...
GameStop shares fell in late-Wednesday trading after the company announced plans for a big convertible notes offering ...
Video game retailer GameStop Corporation (NYSE:GME) recognizes its gaming business is under pressure and is turning to Bitcoin ...
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