GameStop Bitcoin Investments

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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 · 1d

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 on MSN · 1d

GameStop's Bitcoin Strategy Draws Skepticism Amid $1.75B Debt Offering

GameStop shares tumbled 22% on Thursday after the company announced plans to raise $1.75 billion through convertible senior notes, according to Benzinga. While the notes are earmarked for "general corporate purposes,

CoinDesk2d

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 ...

11h

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 ...

TipRanks on MSN6h

GameStop’s Bold Bitcoin Bet Backfires

GameStop’s stock has experienced a significant decline of 27.03% over the past week, a downturn that has raised concerns among investors and market analysts. The sharp drop was ...

CNBC on MSN2d

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 ...

2don MSN

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: Can Bitcoin Bet And Billions In Cash Offset Retail Decline?

Taking a closer look at GameStop, its bet on Bitcoin and billions in cash with Seeking Alpha analysts, its news team, and GME ...

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 ...

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