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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.
After it began buying massive amounts of Bitcoin in 2020, MicroStrategy stock has generated some of the best returns in the ...
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 ...
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 are dropping 20% Thursday morning, a day after the video-game retailer announced a new fundraising effort.
Video game retailer GameStop Corporation (NYSE:GME) recognizes its gaming business is under pressure and is turning to Bitcoin ...
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