Ryan Cohen

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 /

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 Approves Adding Bitcoin To Treasury Reserves

GameStop Approves Adding Bitcoin To Treasury Reserves

Leave a Comment / Bitcoin, Business, GameStop, michael saylor, News, Ryan Cohen, Treasury Reserve /

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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