GameStop has increased its convertible note offering to $2.25 billion, up from the $1.75 billion announced earlier this week.

MicroStrategy (now doing business as Strategy) and its co-founder Michael Saylor embarked on a novel concept. They began using the company's capital to buy Bitcoin, the world's largest cryptocurrency.

Video game retailer GameStop Corp. GME shares had unpredictable price swings in 2021 due to a short squeeze, followed by a ...

Anthony Pompliano leads ProCapBTC in raising $750M via SPAC merger, boosting institutional Bitcoin investment and adoption.

Asia shares have opened lower while oil prices surged after Israel attacked Iran’s capital early Friday amid tensions over Tehran’s rapidly advancing nuclear program. U.S. benchmark crude oil ...

GameStop's acquisition of "just" roughly $500 million of bitcoin (the dates and prices of the buys weren't disclosed) could be a disappointment given the company's $1.3 billion capital raise, not ...

GameStop has followed MicroStrategy’s business model of selling shares to raise capital for massive bitcoin purchases. Some investors believe these companies offer leveraged exposure to or occasional ...

Cohen's purchase comes on the heels of GameStop's board approving ... $1.5 billion in convertible notes to raise funds for its BTC acquisition plan. That capital raise closed earlier this week.

The offering was initially set to raise at least $1.3 billion, but purchasers opted for an additional $200 million aggregate principal amount of notes, GameStop said in an April 1 filing with the ...

GameStop recently issued convertible senior notes worth $1.5 billion to raise capital. Convertible notes allow investors to convert debt into equity, which means it is essentially taking on debt with ...

GameStop’s recent offering in convertible bonds offers a low-interest method to raise capital, but bondholder conversions could lead to significant stock dilution and volatility. Despite ...

The stock of GameStop gained 0.3 per cent in premarket to $22.16 after the company announced a $1.3 billion capital raise via a 0 per cent convertible bond offering. GameStop intends to use the ...