GameStop to issue $1.75 billion in zero-coupon convertible notes
Businesswire •
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GameStop stock drops 3% after Q3 report shows stagnant sales and $9.2M Bitcoin treasury loss. Company may sell BTC as part of treasury management, despite profits rising slightly.
decrypt.co ·
GameStop CEO Ryan Cohen said the company sees cryptocurrency as a hedge against inflation and excessive global money printing, but does not plan to adopt a Bitcoin-focused strategy like MicroStrategy’s.
CNBC (No Paywall) ·
GameStop shares plummet 15% after $1.75 Billion Convertible Bond offering to Fund Bitcoin purchases
CNBC ·
GameStop has purchased 4,710 Bitcoin
𝕏/@gamestop ·
Gamestop drops fresh Bitcoin announcement.
𝕏/@gamestop ·
As bitcoin rallied on Tuesday toward all-time high prices, Gamestop traders started asking if a gamma squeeze was in play.
Protos ·
GameStop stock drops 3% after Q3 report shows stagnant sales and $9.2M Bitcoin treasury loss. Company may sell BTC as part of treasury management, despite profits rising slightly.
decrypt.co ·
GameStop CEO Ryan Cohen said the company sees cryptocurrency as a hedge against inflation and excessive global money printing, but does not plan to adopt a Bitcoin-focused strategy like MicroStrategy’s.
CNBC (No Paywall) ·
GameStop shares plummet 15% after $1.75 Billion Convertible Bond offering to Fund Bitcoin purchases
CNBC ·
GameStop has purchased 4,710 Bitcoin
𝕏/@gamestop ·
Gamestop drops fresh Bitcoin announcement.
𝕏/@gamestop ·
As bitcoin rallied on Tuesday toward all-time high prices, Gamestop traders started asking if a gamma squeeze was in play.
Protos ·