News

GameStop adopts bold strategies like Bitcoin reserves & convertible bonds to offset decline. Explore its pivot for ...
GameStop is doubling down on a risky turnaround strategy that includes closing hundreds of retail locations while investing ...
Shares of GameStop fell more than 15% on Thursday after the company's plan to finance its bitcoin pivot raised questions ...
Why did (GameStop) wait so long if they were going to go down this road? Six months ago, nine months ago would have made a ...
GameStop raises $1.5B via convertible debt, allocating funds to Bitcoin as it shifts focus from retail to crypto investments.
The company did not immediately respond to a request for comment from Fortune.
GameStop plans to acquire Bitcoin with a $1.3 billion stock offering, boosting its price but increasing debt risk.
GameStop has announced ... following the example of Strategy. This decision comes amid efforts to reduce costs and overcome challenges in its traditional retail business. The company has also ...
Shares of GameStop tumbled 22% on Thursday ... questions about the timing of its move and its strategy to turn around its struggling retail business. The video game retailer’s shares also ...
GameStop announced Tuesday the successful completion of a $1.5 billion private offering of convertible senior notes.
Strategy is the largest corporate holder of bitcoin and its shares are often seen as a proxy for the digital currency given its elevated exposure. GameStop's change in investment strategy comes amid U ...