Nisha Gopalan is a former Senior Overnight Assignment Editor for Investopedia News. She is an award-winning financial journalist who has worked in London, where she is currently based, and Hong Kong.
As GameStop Corp. (NYSE:GME) has announced a convertible bond offering to acquire Bitcoin (CRYPTO: BTC), mirroring Strategy Inc.‘s (NASDAQ:STR) plan, experts explain why investors would buy a bond ...
GameStop shares dropped 22% after announcing plans to raise $1.3 billion through convertible bonds to buy Bitcoin. The company will issue 46 million new shares, boosting its cash reserves to $6.1 ...
GameStop shares slid Thursday after the video game retailer and meme stock announced plans for a $1.75 billion convertible notes offering to potentially fund its new bitcoin purchase strategy. The ...
GameStop (GME) stock plummeted more than 23% Thursday after the video game seller announced that it intends to sell $1.75 billion worth of convertible bonds. In other words, GameStop is raising cash ...
Video game retailer GameStop said on Tuesday that it will start investing in bitcoin. It said it plans to sell $1.3 billion of convertible bonds to buy bitcoin. GameStop's stock rose on the bitcoin ...
GameStop (NYSE: GME) is leaning into a strategy pioneered by MicroStrategy, announcing a $1.3 billion private offering convertible senior notes due 2030 — with potential plans to use the proceeds to ...
GameStop shares slid Thursday after the video game retailer announced plans for a $1.75 billion convertible notes offering to potentially fund its new bitcoin purchase strategy. The company also said ...
GameStop Corp. shares slumped as investors responded to the company’s plans to load up on debt in order to buy Bitcoin. The video-game retailer erased a quarter of its value on Thursday, shedding $3 ...