GameStop Bitcoin Investment

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Bitcoin, GameStop

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 company announced a plan to raise $1.75 billion in debt financing from investors,

Cointelegraph on MSN · 3d

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 acquisitions.

Benzinga · 3d

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 announcement that it plans to issue $1.75 billion in convertib

Will GameStop's Bitcoin Swing Be a Home Run or an Epic Fail?

GameStop recently invested $500 million in Bitcoin and plans to buy much more. Video game retailer GameStop's (NYSE: GME) ...

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 ...

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 ...

4don MSN

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 ...

2don MSN

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, ...

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