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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 ...
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GameStop stock tanks amid news of $1.75B Bitcoin bet: ‘Insane!’
GameStop’s (GME) stock plunged over 20% in after-hours trading after it revealed plans for a $1.75 billion private convertible note offering. The move, aimed at strengthening its financial position, ...
CEO Ryan Cohen says GameStop will focus on trading cards, not video games, as stock plummets 20%
As the video game industry goes increasingly digital, cutting out retailers for software sales, GameStop is pivoting toward the trading-card business, CEO Ryan Cohen said at the company’s annual ...
GameStop slides after new note offering as Wedbush questions the Bitcoin edge for investors
GameStop (GME) plunges after announcing $1.75B convertible notes offering. Dive into its strategy, Bitcoin ventures, earnings ...
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 ...
Crypto News2d
GameStop Bought 4,710 Bitcoin in 5 Weeks — What Does the Retailer Stand to Gain?
GameStop purchased 4,710 Bitcoin in cash between May 3 and June 10, following a March board decision to adopt BTC as a ...
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 ...
GameStop may be a bitcoin play, but its stock is sliding on weaker-than-expected Q1 revenue
GameStop Corp. shares fell more than 3% in extended trading Tuesday after the videogame retailer’s first-quarter revenue ...