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The stock is tumbling. The videogame retailer has proposed a $1.75 billion bond deal By James Rogers Follow Last Updated: June 12, 2025 at 3:21 p.m. ET First Published: June 11, 2025 at 5:47 p.m. ET ...
In April, GameStop added 4,710 bitcoins to its books. That haul was worth more than $500 million at the time. This week’s bond deal could send that number way higher. CEO Ryan Cohen said the ...
GameStop shares slid Thursday after the video game retailer and meme stock announced plans for a $1.75 billion convertible notes offering to potentially fund its new bitcoin purchase strategy.
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.
By James Rogers The videogame retailer has proposed a $1.75 billion bond deal GameStop Corp. shares were tumbling Thursday after the company announced that it plans to raise more debt - a move ...
This is not the first time that GameStop has raised debt this year. On April 1, the company completed a $1.5 billion bond deal. It then announced its first purchase of bitcoin the following month.