GameStop to Borrow $1.3 Billion to Fund Bitcoin Buying Spree
GameStop Corp. is seeking to sell $1.3 billion of convertible bonds with no coupon payment to fund Bitcoin purchases as it ...
GameStop is closing a ‘significant number’ of stores and will invest heavily in bitcoin
After GameStop closed about a quarter of its locations within the past year, shuttering 1,000 stores across the world, the company said it’s not close to done. And as the struggling company closes ...
GameStop pops on bitcoin pivot, and other early movers
GameStop shares are jumping 13% after the videogame retailer and original meme-stock company [announced its eagerly anticipated foray into bitcoin]( ...
GameStop shares drop 23% after the retailer issues debt to buy bitcoin
The latest sell-off came after the video game chain announced plans to raise $1.3 billion through the sale of convertible ...