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

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 ...

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 said it anticipates closing a "significant number" of additional stores this fiscal year and revised its investment policy, paving the way for the video game retailer to invest in bitcoin ...

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 ...