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Shares of GameStop, the video game retailer that recently pivoted to Bitcoin investment, plummeted on Thursday after the ...
GameStop hopes its new Bitcoin purchase will bring it success like that of Strategy, which is up over 150% over the past year.
GME dives over 20% as investors react to Bitcoin buys and declining revenues, despite improved profitability and cost cuts.
GameStop might be increasing its Bitcoin holdings after announcing a plan to raise $1.75 billion from the sale of convertible ...
GameStop shares have tumbled 20% since the announcement, falling from $28.50 to $23. While the company did not name Bitcoin specifically as a reason for the capital raise, it did say that the mone ...
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Cryptopolitan on MSNGameStop Tanks 12% on New Debt Plan – Could Retail Investors Pivot to Mutuum Finance (MUTM)?GameStop shares recently took a massive double-digit loss after the company revealed it plans to issue $1.75 billion in ...
In March, GameStop announced it would raise $1.3 billion in capital through convertible senior notes in order to purchase Bitcoin. The company made its first $500 million-plus purchase of Bitcoin ...
Based on CoinGecko data from June 12, Bitcoin is trading at $107,647, valuing GameStop’s crypto purchase at approximately ...
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, ...
also saw its shares plunge after announcing a $2.5 billion capital raise to purchase Bitcoin. Since the May 27 announcement, TMTG stock has dropped over 24%. GameStop’s stock has experienced a ...
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