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

GameStop sources revealed that each of their stores will be receiving less than 100 Nintendo Switch 2 consoles upon release.

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 ...

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 ...

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 ...

GameStop said Tuesday that its board has unanimously approved the addition of bitcoin as a treasury reserve asset. GameStop shares jumped 7% to $27.23 in after-hours trading. The decision echoes ...