News

GameStop shares plummet 20% as the video-game retailer announces new capital raise after first Bitcoin purchase
Shares of GameStop, the video game retailer that recently pivoted to Bitcoin investment, plummeted on Thursday after the ...
GameStop Needs An Aggressive And Coherent Crypto Business Model If It Wants To Silence The Bears
GameStop's stock dips amid Q1 revenue miss, yet crypto opportunities and strong cash reserves hint at potential. Read more on ...
CoinDesk4d
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 ...
RetailWire on MSN4d
GameStop Announces Plans To Potentially Buy Up to $1.75B More Bitcoin, But Investors Are Spooked
GameStop has announced its intention to raise $1.75 billion via the offer of convertible senior notes, potentially to ...
CNBC on MSN4d
GameStop shares tank on convertible bond offering to potentially buy more bitcoin
The video game retailer announced plans for a $1.75 billion convertible notes offering to partially fund its bitcoin purchase ...
Why Shares of GameStop Are Tanking Today
Shares of the video game retailer GameStop (NYSE: GME) had tanked roughly 19%, as of 10:18 a.m. ET today. The company ...
GameStop shares tank 22% after boosting raise to $2.25B for Bitcoin strategy
GameStop’s shares sank 20% as the firm upsized its note offering by $500 million, signaling more potential Bitcoin ...
GameStop's Bitcoin Strategy Draws Skepticism Amid $1.75B Debt Offering
GameStop's (NYSE:GME) stock took a sharp hit on Thursday, falling 22% to $22.12 by midday Eastern Time, following the ...
GameStop Has Taken a Page Out of MicroStrategy's Playbook. Can It Save the Struggling Stock?
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, ...
GameStop Stock Extends Post-Earnings Decline on $1.75B Convertible Note Offering
GameStop shares are dropping 20% Thursday morning, a day after the video-game retailer announced a new fundraising effort.
GameStop Video Game Business Has 'No Potential For A Rebound': Analyst Says Bitcoin Investment Not Enough
The video-game retailer’s Bitcoin investments probably won’t inspire hordes of investors to pile into its stock, while there ...