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GameStop Completes .5B Convertible Note Sale, Plans to Add Bitcoin to Treasury

GameStop Completes $1.5B Convertible Note Sale, Plans to Add Bitcoin to Treasury

Leave a Comment / Bitcoin, Bitcoin News, GameStop / best time

GameStop has wrapped up a $1.5 billion convertible senior note sale, confirming plans to use part of the proceeds to purchase Bitcoin for its corporate treasury. The video game retailer disclosed the move in a filing with the U.S. Securities and Exchange Commission (SEC) on Tuesday. The offering, originally announced last week with a $1.3 […]

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GameStop Bets Big on Bitcoin with a .3B Purchase Plan

GameStop Bets Big on Bitcoin with a $1.3B Purchase Plan

Leave a Comment / AA News, Bitcoin, Bitcoin (BTC) Price, BTCEUR, BTCGBP, btcusd, Crypto News, GameStop / best time

Video game retailer GameStop has filed to raise $1.3 billion through Convertible Senior Notes to fund Bitcoin acquisitions. A press release on March 26 states that the offering consists of zero-coupon convertible senior notes maturing in 2030. Investors will have the option to convert the notes into GameStop’s Class A common stock at a later

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GameStop Proposes to Raise .3B in Convertible Debt for Bitcoin Purchases

GameStop Proposes to Raise $1.3B in Convertible Debt for Bitcoin Purchases

Leave a Comment / Bitcoin News, bitcoin reserve, GameStop / best time

GameStop has announced plans to offer $1.3 billion in convertible notes with a 0% coupon, in a move to purchase Bitcoin using net proceeds. The announcement arrives simultaneously with the video game retailer’s approval of adding Bitcoin to its treasury reserves. GameStop said that the $1.3 billion of convertible senior notes will have a five-year

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GameStop Targets Crypto: B In Convertible Senior Notes For Bitcoin Purchase

GameStop Targets Crypto: $1B In Convertible Senior Notes For Bitcoin Purchase

Leave a Comment / Bitcoin, Bitcoin chart, Bitcoin News, bitcoin price, BTC, BTC news, btcusd, BTCUSDT, crypto, Crypto News, Cryptocurrency, DeFi, GameStop, GameStop news / best time

GameStop, the video game retail company, experienced a significant downturn in its stock (GME) price, sliding more than 8% in after-hours trading on Wednesday, following the announcement that the company plans to raise $1.3 billion to invest in Bitcoin (BTC) through the issuance of convertible senior notes. This move comes just a day after GameStop

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GameStop Announces .3 Billion Fundraising Plan To Purchase Bitcoin

GameStop Announces $1.3 Billion Fundraising Plan To Purchase Bitcoin

Leave a Comment / Bitcoin, Business, GameStop, GME, michael saylor, News, Ryan Cohen, Strategy / best time

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 corporate purposes, including the acquisition of Bitcoin. The move comes a day after the company revealed an update to its investment policy, allowing

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GameStop’s Bitcoin Move Looks Bold—But It Might Be Brilliant

Leave a Comment / Bitcoin, BITCOIN FOR CORPORATIONS, bitcoin treasury, Bitcoin Treasury Strategy, Corporate Bitcoin Strategy, GameStop / best time

This week, GameStop quietly updated its investment policy to include Bitcoin as a treasury reserve asset. With approximately $4.78 billion in cash—nearly 37% of its $12.9 billion market cap—this move marks more than just a diversification of reserves. JUST IN: @GameStop updates its investment policy to add #Bitcoin as a treasury reserve asset. The company

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GameStop Board Unanimously Approves Bitcoin As Treasury Reserve Asset

Leave a Comment / Bitcoin, Bitcoin chart, Bitcoin News, bitcoin price, BTC, BTC news, btcusd, BTCUSDT, crypto, Crypto News, Cryptocurrency, DeFi, GameStop / best time

In a significant move for the video game retail giant, GameStop announced on Tuesday that its board has unanimously approved a plan to use corporate cash reserves to invest in the crypto market’s largest cryptocurrency, Bitcoin (BTC). This decision mirrors a strategy made by the now Bitcoin proxy company Strategy (previously Microstrategy) by MicroStrategy, which

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GameStop Board Votes to Adopt Bitcoin as Part of Company Reserves

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GameStop is diving back into the crypto waters. The video game retailer announced Tuesday that its board of directors has unanimously approved the addition of Bitcoin to the company’s treasury reserves — a move that places the once-meme-stock darling alongside a growing list of companies looking to position themselves for a digital future. The company

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GameStop Approves Adding Bitcoin To Treasury Reserves

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GameStop Corp. (NYSE: GME) announced that its board of directors has unanimously approved an update to the company’s investment policy, allowing Bitcoin to be held as a treasury reserve asset. The decision follows a series of engagements between GameStop Chairman and CEO Ryan Cohen and prominent figures like Michael Saylor in the Bitcoin industry. On

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