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.

Video game retailer GameStop Corporation (GME) has finished a convertible debt offering that raised $1.5 billion, with some proceeds earmarked for buying Bitcoin. The offering was initially set to ...

Bitcoin (BTC) purchases from video game retailer GameStop (GME) could be imminent or may have already begun after the company ...

GameStop (GME) has officially raised $1.5 billion to begin buying Bitcoin, putting it in direct conversation with the likes of Strategy (MSTR) and Mara Holdings (MARA). In an April 1 SEC filing, the ...

GameStop has revealed plans to enter the Bitcoin market by raising $1.3 billion through convertible notes. The company, widely known for its role in the 2021 retail trading boom, announced that it ...

GameStop Corp. (NYSE: GME) announced today that it intends to raise $1.3 billion through a private offering of convertible senior notes and will use the net proceeds from this offering for general ...

GameStop Corp. Chief Executive Officer Ryan Cohen has increased his investment in the video-game retailer, pledging more than ...

Bitcoin (BTC) purchases from video game retailer GameStop (GME) could be imminent or may have already begun after the company closed on its offering of $1.3 billion of five-year convertible notes.

Video game retailer GameStop Corporation (GME) has finished a convertible debt offering that raised $1.5 billion, with some proceeds earmarked for buying Bitcoin. The offering was initially set to ...