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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, sparked speculation about potential Bitcoin [BTC] acquisitions as part of its broader capital deployment strategy.
GameStop's (NYSE:GME) stock took a sharp hit on Thursday, falling 22% to $22.12 by midday Eastern Time, following the ...
Based on CoinGecko data from June 12, Bitcoin is trading at $107,647, valuing GameStop’s crypto purchase at approximately ...
GameStop announces a $1.75 billion convertible notes offering to fund investments, sparking market reactions. Learn about the ...
Cryptopolitan on MSN2d
GameStop’s revenue dropped by 17% after pivot to BTCGameStop saw its stock drop over 3.5% after-hours on Tuesday, after reporting a steep 17% decline in first-quarter revenue, landing at $732.4M, down from $881.8M a year earlier.
Touted as one of the most closely watched presales of 2025, Bitcoin Pepe's presale has raised over $14.1 million ahead of a ...
GameStop acquires 4,710 Bitcoin worth $516.6M, diversifies its revenue stream, and launches a Bitcoin-focused ETF amid ...
GameStop stock sinks on plans of convertible notes offering to potentially buy more Bitcoin. Wedbush issues dovish note on ...
The crypto-focused asset manager is offering a covered call strategy to provide share price exposure to GME while generating ...
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