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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 ...
Will GameStop's Bitcoin Swing Be a Home Run or an Epic Fail?
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'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 ...
Blockonomi2d
GameStop Launches $1.75B Note Offering, Builds on $507M BTC Buy: What’s Their Play?
Based on CoinGecko data from June 12, Bitcoin is trading at $107,647, valuing GameStop’s crypto purchase at approximately ...
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, ...
Coingape2d
GameStop To Raise $1.75 Billion For Probable Bitcoin Purchase
GameStop might be increasing its Bitcoin holdings after announcing a plan to raise $1.75 billion from the sale of convertible ...