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GameStop said it plans to raise more debt — a move that could indicate another bitcoin purchase is looming for the videogame retailer and original meme stock.
GameStop fell double digits after-hours on June 11 after announcing its $1.75 billion convertible note offering at 0% interest, which could be used to buy Bitcoin.
GameStop stock plummeted after the video game seller announced that it intends to sell $1.75 billion worth of convertible bonds.
GameStop shares fell in extended trading Tuesday as the retailer's quarterly revenue fell year-over-year.
GameStop (GME) Q1 2025 earnings reaction livestream GameStop is out with its first quarter earnings results, and we are live on Twitch reacting to the news.
GameStop CEO says collectibles fueled company's turnaround Jordon Fong, a collector from Turlock, California, celebrates with GameStop employees after submitting the 1 millionth item for grading.
GameStop announced on Wednesday that it bought 4,710 bitcoin, which is worth over $500 million at the time of the purchase.
Video game retailer GameStop has begun investing in bitcoin with a purchase of 4,710 bitcoin. It revealed the acquisition of the cryptocurrency on Wednesday.
GameStop announced the purchase of 4,710 bitcoins on Wednesday. The video game retailer said in March that it would start amassing crypto.
GameStop, the embattled video game retailer, announced its first large acquisition of Bitcoin on Wednesday, disclosing a purchase of more than $500 million worth of the currency as part of the ...
GameStop shares jumped as Bitcoin hit a record high, potentially fueled by retail enthusiasm. The company recently approved Bitcoin as a treasury reserve asset.
GameStop’s online Nintendo Switch 2 preorders went live at 11AM ET, and like the preorders from other retailers overnight, things immediately got off to a rocky start.
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