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Shares of GameStop, the video game retailer that recently pivoted to Bitcoin investment, plummeted on Thursday after the ...
GameStop hopes its new Bitcoin purchase will bring it success like that of Strategy, which is up over 150% over the past year.
GameStop shares have tumbled 20% since the announcement, falling from $28.50 to $23. While the company did not name Bitcoin specifically as a reason for the capital raise, it did say that the mone ...
Shares of the video game retailer GameStop ( GME -23.62%) had tanked roughly 19%, as of 10:18 a.m. ET today. The company announced plans to issue $1.75 billion in convertible notes for "general ...
In March, GameStop announced it would raise $1.3 billion in capital through convertible senior notes in order to purchase Bitcoin. The company made its first $500 million-plus purchase of Bitcoin ...
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Cryptopolitan on MSNGameStop Tanks 12% on New Debt Plan – Could Retail Investors Pivot to Mutuum Finance (MUTM)?GameStop shares recently took a massive double-digit loss after the company revealed it plans to issue $1.75 billion in ...
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Zacks Investment Research on MSNGameStop Stock Selloff Explained - Buy Chance or Value Trap?Video game retailer GameStop Corp. GME shares had unpredictable price swings in 2021 due to a short squeeze, followed by a ...
Based on CoinGecko data from June 12, Bitcoin is trading at $107,647, valuing GameStop’s crypto purchase at approximately ...
GameStop has increased its convertible note offering to $2.25 billion, up from the $1.75 billion announced earlier this week.
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MoneyWeek on MSNThe stocks spearheading the charge of cryptocurrencyCompanies are starting to invest in bitcoin and other cryptocurrencies, a trend likely to hasten the mass adoption of digital ...
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