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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,

CoinDesk · 2d

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 note offering. The company subsequently purchased 4,710 bitcoin for roughly $500 million during May. GME shares were lower by 10% in after hours trading.

MarketWatch · 1d

GameStop hints at its next bitcoin buy. The stock is tumbling.

GameStop said it plans to raise more debt — a move that could indicate another bitcoin purchase is looming for the videogame retailer and original meme stock.

GameStop, Senior Notes and Securities Act of 1933

CNBC on MSN · 1d

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.

TMCnet · 1d

GameStop Announces Pricing of Upsized Private Offering of $2.25 Billion of Convertible Senior Notes

GameStop Corp. (NYSE: GME) ("GameStop"), today announced the pricing of its upsized $2.25 billion aggregate principal amount of 0.00% Convertible Senior Notes due 2032 (the "notes") in a private offering (the "offering") to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933,

Shacknews · 1d

GameStop (GME) plans to dilute shareholders with additional $1.75 billion convertible note offering

GameStop shareholders face another wave of dilution as the company announces another plan to issue up to $2 billion of convertible senior notes.

Decrypt8h

Bitcoin Treasury Firm GameStop Boosts Convertible Bond Offering to $2.25 Billion

GameStop upsized its latest offering of convertible senior notes to $2.25 billion from $1.75 billion, the video game retailer ...

1don MSN

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 ...

AMBCrypto20h

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, ...

Decrypt7h

Public Keys: Circle Keeps Surging, GameStop's Bitcoin 'Black Box', Ethereum Treasury Tanks

Circle’s stock soared again while GameStop shares swooned—but SharpLink Gaming’s fall takes the cake on a busy week.

Live Bitcoin News1d

GameStop Launches $1.75 Billion Convertible Notes Treasury Move

GameStop announces a $1.75 billion convertible notes offering to fund investments, sparking market reactions. Learn about the ...

Trump Media's registration for bitcoin treasury deal becomes effective

Trump Media and Technology Group said on Friday that the U.S. Securities and Exchange Commission has declared effective the ...

Coingape3d

GameStop Acquired 4,710 Bitcoin as Part of Strategic BTC Treasury: Report

GameStop acquires 4,710 Bitcoin worth $516.6M, diversifies its revenue stream, and launches a Bitcoin-focused ETF amid ...

GameStop Highlights Trading Cards As Next Growth Segment At Annual Meeting, Not Bitcoin

Video game retailer GameStop Corporation (NYSE:GME) recognizes its gaming business is under pressure and is turning to Bitcoin ...

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