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GameStop has raised the size of its planned convertible note sale to $2.25 billion from the original $1.75 billion. According to the company’s June 12 press release, the notes, which do not pay interest and are due in 2032, will…
BTC
Bitcoin
News
After buying $513 million worth of Bitcoin in May, GameStop wants $1.75 billion more, and Wall Street isn’t happy. The stock fell over 15% as doubts linger over the company’s pivot from retailer to crypto whale. GameStop (GME) shares took…
BTC
Bitcoin
Markets
GameStop stock price will be in the spotlight this week as the company publishes its first earnings since it started buying Bitcoin. GameStop stock ended the week at $29.58, down 16% from its highest point this year. Its market capitalization…
BTC
Bitcoin
Recap
Today’s edition of the weekly recap covers a variety of topics including Strategy and GameStop each revealing major Bitcoin acquisitions totaling over $900 million. Meanwhile, El Salvador and Pakistan expanded their sovereign crypto reserves—despite global pressure from institutions like the…
News
U.S. stocks opened largely flat on Wednesday, yet shares of GameStop rose even as overall sentiment remained cautious ahead of Nvidia’s earnings report. Tariffs and geopolitical concerns remain top of investors’ minds, a scenario that has stocks looking to knit…
News
GameStop is leveraging it's memecoin status to but Bitcoin with equity.
BTC
Bitcoin
Follow-up
On May 23, Metaplanet pulled off a rare trifecta: it was the most traded stock in Japan, the day’s biggest loser, and still—somehow—remained one of the country’s top-performing equities. Once a modest hotel operator, the company is now a headline-grabbing…
BTC
Bitcoin
News
GameStop, the video game retailer, has completed a $1.5 billion offering of convertible senior notes, with plans to use the funds to buy Bitcoin for its treasury. The sale, completed on Apr. 1, 2025, raised $1.48 billion after fees, according…
BTC
Bitcoin
News
GameStop announced plans last week to buy Bitcoin because it is a “very profitable investment,” according to Ari10 CEO. GameStop’s board of directors unanimously approved last week to use both corporate cash and future capital raises to purchase crypto assets,…
BTC
Bitcoin
News
GameStop’s stock experienced a stock decline of over 25% intraday on Thursday. This slump followed the announcement of a strategic pivot involving the issuance of $1.3 billion in convertible bonds to finance the acquisition of Bitcoin (BTC). The video game…
BTC
Bitcoin
News
GameStop Corporation is making its move into crypto with plans to invest part of its multibillion-dollar cash reserve into Bitcoin and stablecoins. After a unanimous approval from its board of directors, GameStop confirmed it will allocate a portion of its…
News
Strive Asset Management CEO Matt Cole urged GameStop to adopt Bitcoin as a reserve asset, arguing that the move could redefine the company’s financial strategy. In a letter sent to GameStop Chairman and CEO Ryan Cohen on Feb. 24, Cole…
BTC
Bitcoin
News
GameStop shares jumped Monday after CEO Ryan Cohen posted a photo with Strategy co-founder Michael Saylor, fueling Bitcoin-related speculation. GameStop shares jumped nearly 7% on Monday morning after the firm’s chief executive Ryan Cohen shared a photo with Michael Saylor,…
BTC
Bitcoin
Markets
The GME token continued its downtrend after GameStop’s stock experienced heavy selling pressure following weak quarterly results. GME (GME) retreated by 11.4% to $0.0041, bringing its total market cap to over $28 million, down from $157 million in May. The…
Markets
The GME crypto token formed a God candle on Sep. 6 after Roaring Kitty made a surprise return to X ahead of GameStop’s earnings. GME (GME) surged to a high of $0.0052, its highest swing since June 24, and 93%…
News
Three Roaring Kitty-inspired meme coins marked double-digit price increases over the past day. Amid a slight rise in the overall meme coin market cap, CoinMarketCap (CMC) data shows that GME, KITTY, and ROAR also surged over 10%. The three tokens…
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