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

According to a filing with the US SEC, GameStop completed its $1.5 billion fundraising on April 1 via a private offering. GME stock rose to $22.74.

GameStop has wrapped up a $1.5 billion convertible senior note sale, confirming plans to use part of the proceeds to purchase ...

GameStop announced Tuesday the successful completion of a $1.5 billion private offering of convertible senior notes.

While Bitcoin’s year-to-date return reflects an 11.4% loss, and the asset is down nearly 25% from its all-time high, ...

GameStop adopts bold strategies like Bitcoin reserves & convertible bonds to offset decline. Explore its pivot for ...

Michael Saylor’s Strategy bought $1.9 billion of Bitcoin, the largest acquisition of the cryptocurrency in terms of tokens by ...

By 2030, approximately 25% of S&P 500 companies are expected to hold Bitcoin on their balance sheets as more firms follow MicroStrategy's pioneering treasury strategy.

As he typically does on Sundays before Strategy buys more Bitcoin, Saylor shared an image of the company’s Bitcoin portfolio ...

GameStop didn’t say how much Bitcoin it would buy, but at the current price of $85,368, the full $1.3 billion could purchase ...

There’s also reason to believe that GameStop CEO Ryan Cohen was orange-pilled by Michael Saylor after the two met in early ...