GameStop raises $1.5B via convertible debt, allocating funds to Bitcoin as it shifts focus from retail to crypto investments.

In a recent regulatory filing with the Securities and Exchange Commission (SEC), GameStop explained that in addition to cash, equity issuances and future debt may be invested in Bitcoin ...

GameStop (NYSE: GME) is leaning into a strategy pioneered by MicroStrategy, announcing a $1.3 billion private offering convertible senior notes due 2030 — with potential plans to use the ...

Shares of GameStop tumbled 22% on Thursday after the company’s plan to finance its bitcoin pivot raised questions about the timing of its move and its strategy to turn around its struggling ...

GameStop GME.N shares were back in action as the company's move to hoard bitcoin brought retail investors back to their favorite meme stock. The video game retailer's shares rose 11.6% to $28.36 ...