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The latest sell-off came after the video game chain announced plans to $1.3 billion through the sale of convertible senior notes to purchase bitcoin.
Turns out, GameStop (GME ... shares cratered 22% yesterday after it said it would issue up to $1.3 billion in convertible debt to acquire the cryptocurrency. It’s a photocopy of the playbook ...
Shares of GameStop (GME) are under pressure on Thursday, reversing course after rallying on Wednesday, following the company’s announcement ...
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Stocktwits on MSNGameStop Seeks $1.3B In Convertible Debt To Buy Bitcoin, Shares Drop But Retail Investors UnfazedGameStop Corp (GME) shares dropped 8% in Wednesday’s after-market trading, erasing some of the gains from the regular session, after the company announced it would raise $1.3 billion from convertible ...
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GameRant on MSNGameStop Stock Takes Big HitGameStop stock price craters on the back of an unexpected announcement that seemingly shook investors' confidence in the company.
GameStop adopts bold strategies like Bitcoin reserves & convertible bonds to offset decline. Explore its pivot for ...
The company announced plans to issue $1.3 billion of convertible ... GameStop shares fell in afterhours trading on the convertible debt offering news. GameStop posted this news to it's new ...
Under the latest sale, a round of convertible debt will require issuing ... "We suspect that GameStop's share price will drift lower prior to the issuance of the convert, particularly given ...
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