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GameStop Preps War Chest For Potential .75 Billion Bitcoin Play

GameStop Preps War Chest For Potential $1.75 Billion Bitcoin Play

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure GameStop has told investors it plans to raise $1.75 billion through convertible notes, just a day after adding 4,710 BTC to its balance sheet. The private offering is aimed at qualified institutional buyers. It carries no cash interest and will come due […]

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GameStop Drops 11% Despite .75B Bitcoin Bet

GameStop Drops 11% Despite $1.75B Bitcoin Bet

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Key Notes Despite the revenue shortfall, GameStop reported a net income of $44.8 million, rebounding from a $32.3 million net loss a year ago. GameStop announced plans to raise $1.75 billion for additional Bitcoin purchases through convertible notes maturing in 2032.The company also plans to use the proceeds for general corporate purposes and potential acquisitions.

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GameStop Plans .75B Debt Offering — More Bitcoin Buys on the Horizon?

GameStop Plans $1.75B Debt Offering — More Bitcoin Buys on the Horizon?

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Video game retailer GameStop has proposed a new $1.75 billion bond deal, hinting at its next big Bitcoin buy. The widely regarded meme stock announced the proposed private offering of convertible senior notes on Wednesday. The latest offering comes with 0% interest, with the convertible senior notes maturing in June 2032. Eligible only to qualified

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GameStop Bought 4,710 Bitcoin in 5 Weeks — What Does the Retailer Stand to Gain?

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GameStop, the video game retailer once at the center of a meme stock frenzy, has disclosed a $515m Bitcoin purchase, deepening its pivot toward digital assets at a time when its core retail operations continue to struggle. Between May 3 and June 10, the company acquired 4,710 Bitcoin in cash, a move that follows a

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Bitwise Debuts First Ever GameStop Covered Call ETF

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Bitcoin Magazine Bitwise Debuts First Ever GameStop Covered Call ETF Today, Bitwise Asset Management announced the launch of the Bitwise GME Option Income Strategy ETF (IGME), the first-ever covered call ETF centered around GameStop (GME). The fund arrives at a moment where GameStop recently made headlines for its $500 million Bitcoin treasury strategy. GameStop is

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Why GameStop Still Resonates with Crypto Investors

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Key Notes GameStop buys 4,710 BTC worth $505M, adds Bitcoin to its treasury. No limit on Bitcoin holdings, signaling long-term crypto commitment. Stock fell to $30 after the news, despite strong support from crypto fans. GameStop, the old-school video game retailer turned meme stock phenomenon, is making waves once again—this time by diving headfirst into

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GameStop Diversifies With 4,710 BTC—Smart Hedge Or Risky Play?

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure GameStop made headlines this week when it confirmed a major Bitcoin purchase. The retailer bought 4,710 BTC for about $513 million. The money came from cash raised in March through a $1.4 billion convertible notes sale. This is the first time GameStop

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GameStop CEO Ryan Cohen Announced Acquisition of Over 5 Million Bitcoin

GameStop CEO Ryan Cohen Announced Acquisition of Over $505 Million Bitcoin

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Bitcoin Magazine GameStop CEO Ryan Cohen Announced Acquisition of Over $505 Million Bitcoin At the 2025 Bitcoin Conference in Las Vegas, in an interview with the CEO of Nakamoto David Bailey, the CEO of GameStop Ryan Cohen announced why the company bought over $505 million in Bitcoin. JUST IN: GameStop $GME CEO explains why the

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GameStop propelled into top 15 Bitcoin holders, with 4,710 BTC purchase

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GameStop has taken a bold step into the crypto space, confirming that it has purchased 4,710 Bitcoin, according to a May 28 statement. According to Bitcoin Treasuries data, this move places GameStop among the top 13 public companies holding Bitcoin, surpassing other entrants like Semler Scientific. Google Finance data shows the company’s stock climbed roughly

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GameStop Buys 3 Million Worth of Bitcoin

GameStop Buys $513 Million Worth of Bitcoin

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Bitcoin Magazine GameStop Buys $513 Million Worth of Bitcoin Video game retailer GameStop has purchased 4,710 Bitcoin worth approximately $513 million, marking another major corporate entry into Bitcoin treasury holdings as the trend of companies adding Bitcoin to their balance sheets accelerates in 2025. The company announced the acquisition via X on Wednesday but did

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