Why GameStop’s Bitcoin Announcement is Backfiring
GameStop’s official announcement that it will start investing in Bitcoin has gone down like a lead balloon. For months now, there’s been feverish speculation that the troubled video game retailer was planning to hold this cryptocurrency as a reserve asset.
GameStop announced plans for a private offering of $1.3 billion in convertible senior notes, aiming to use the proceeds for ...
GameStop shares plunged Thursday after the company's plans to sell debt to fund purchases of bitcoin raised some questions on ...
Potential new tariffs by the US President are causing market volatility and concern for Bitcoin's price. Click to read.
The sell-off might have to do with the convertible note pricing, while some speculated that it's a sign of investors' ...
This is an online version of our Markets A.M. newsletter by Spencer Jakab. Get investing insights in your inbox each weekday ...
AVAX sees bullish potential as Bitcoin's momentum rises, fueled by GameStop's BTC treasury move and growing institutional ...
Shares of GameStop fell more than 15% on Thursday after the company's plan to finance its bitcoin pivot raised questions ...
GameStop shares jumped 15% Wednesday, a day after the retailer released fourth-quarter results and announced the addition of ...
Could GameStop buying Bitcoin be the catalyst for a $200,000 Bitcoin? GameStop (GME) is the latest to join the Bitcoin ...
GameStop said on Tuesday that its board has unanimously approved the addition of bitcoin as a treasury reserve asset.
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