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Latest News and Articles about GameStop

GameStop Raises $1.5B, Shifts to Bitcoin Amid Store Closures

GameStop’s Bold Leap: $1.5B in Bitcoin as Retail Strategy Shifts GameStop, once the epicenter of the meme stock frenzy, is now betting big on Bitcoin, raising $1.5 billion through a convertible debt offering to pivot from physical retail to the digital realm. GameStop raises $1.5B via convertible debt Proceeds to fund Bitcoin acquisition Over 1,000 […]

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GameStop Eyes Bitcoin Investment After CEO Meets MicroStrategy’s Saylor, Stock Soars 18%

GameStop Explores Bitcoin Investment: A New Chapter in the Retail Giant’s Transformation GameStop, the beloved video game retailer, is reportedly contemplating a major investment in Bitcoin and other cryptocurrencies. This development follows a meeting between GameStop’s CEO Ryan Cohen and Michael Saylor of MicroStrategy, raising speculation about a significant shift in the company’s financial strategy. […]

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