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The board approved the plan on March 25. GameStop Confirms Bitcoin Plan with Fresh Cash The raise was originally set for $1.3 billion, but investor demand pushed it up by another $200 million.
Video game retailer GameStop Corporation (GME) has finished a convertible debt offering that raised $1.5 billion, with some proceeds earmarked for buying Bitcoin. The offering was initially set to ...
The raise was originally set for $1.3 billion, but investor demand pushed it up by another $200 million. According to the filing, GameStop intends to use proceeds “for general corporate purposes ...
According to a filing with the US SEC, GameStop completed its $1.5 billion fundraising on April 1 via a private offering. GME stock rose to $22.74.
GameStop has wrapped up a $1.5 billion convertible senior note sale, confirming plans to use part of the proceeds to purchase Bitcoin.
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 shares didn’t see a significant move following the close of the convertible debt offering.GME closed the April 1 trading day up 1.34% at $22.61 and only saw an extra 0.5% bump after the ...