GameStop announced Tuesday the successful completion of a $1.5 billion private offering of convertible senior notes.
GameStop is doubling down on a risky turnaround strategy that includes closing hundreds of retail locations while investing ...
GameStop raises $1.5B via convertible debt, allocating funds to Bitcoin as it shifts focus from retail to crypto investments.
GameStop (GME) has officially raised $1.5 billion to begin buying Bitcoin, putting it in direct conversation with the likes ...
NEW YORK — GameStop shares sunk Thursday after its plan to sell debt in an effort to fund purchases of bitcoin raised some ...
GameStop didn’t say how much Bitcoin it would buy, but at the current price of $85,368, the full $1.3 billion could purchase ...
In January, the company shuttered 401 stores - nearly double the amount of stores that closed in fiscal year 2024.
GameStop has raised $1.5 billion through its convertible debt offering, with the proceeds flagged for general corporate ...
GameStop stock price craters on the back of an unexpected announcement that seemingly shook investors' confidence in the ...
GameStop's board has unanimously approved a plan to channel corporate cash or future debt and equity proceeds towards buying cryptocurrencies, directly mirroring strategies adopted by MicroStrategy, a ...
GameStop shares plunged 22% and the company shed $3B in market cap as analysts question its decision to buy Bitcoin.