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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 ...
Blockonomi3d
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'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 ...
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 ...
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) business has been struggling for years, as more of the gaming market continues ...
NBC DFW3d
GameStop shares tank more than 20% as retailer reveals convertible debt offering, trading cards plan
GameStop shares slid Thursday after the video game retailer announced plans for a $1.75 billion convertible notes offering to potentially fund its new bitcoin purchase strategy. The company also ...
GameSpot2d
GameStop CEO Says The Company's Future Isn't In Games
GameStop is leaning heavily to trading cards as part of its future strategy, according to CEO Ryan Cohen. The news comes as a ...