Update 3/27/2025 3:31 p.m. ET: Surprise! GameStop announced it’s going to use $1.3 billion in new debt to finance its excursion into Bitcoin. The money will come from issuing new meme stock that won’t ...
Video game retailer GameStop has announced another plan to dilute shareholders with a convertible debt offering worth up to $1.5 billion.
Fans of GTA 6 are eagerly awaiting the release of the game's second trailer, as speculation and theories abound on social ...
Net sales were $1.283 billion for the fourth quarter, compared to $1.794 billion in the prior year's fourth quarter. Selling, general and administrative (“SG&A”) expenses were $282.5 million for the ...
Breaking down GameStop's new Bitcoin Treasury strategy, it's most recent note offering, and how its bitcoin purchases could impact the market ...
GameStop updated its corporate investment policy to include Bitcoin, sending shares higher in extended trading Tuesday.
GameStop’s seesawing stock price surged 7% late Tuesday after the video game retailer disclosed plans to invest some of its cash in cryptocurrency.
GameStop's move into Bitcoin has been speculated on for the past few weeks. CNBC first reported that the company had been considering crypto investments back in February. There does not appear to ...
Shares of GameStop rose more than 8% in extended trading Tuesday after the videogame retailer and original meme-stock company ...