GameStop announced Wednesday it will offer $1.75 billion of 0.0% convertible senior notes, seemingly in a bid to raise money for potential bitcoin purchases. The company also intends to grant the initial purchasers of the notes an option to purchase
Shares in the Indonesian fintech firm DigiAsia Corp nearly doubled after the company said it plans to raise $100 million to seed its first of many Bitcoin buys. The Jakarta-based Nasdaq-listed company said on May 19 that its board of directors approv
Fresh off its most recent Bitcoin purchase, Japanese investment firm Metaplanet is raising more funds through another bond issue to expand its growing crypto treasury.Through a $21.25 million issue of “0% Ordinary Bonds,” all the “funds raised will b
The New York Stock Exchange (NYSE) has imposed a Short Sale Restriction (SSR) on GameStop after volume spiked to levels reminiscent of GameStop’s famous 2021 short squeeze.GameStop (GME) short sales volume — the total number of shares sold short with
GameStop, the video game retail company, experienced a significant downturn in its stock (GME) price, sliding more than 8% in after-hours trading on Wednesday, following the announcement that the company plans to raise $1.3 billion to invest in Bitco
Top Stories of The WeekSEC dismisses lawsuit against crypto exchange CoinbaseThe US Securities and Exchange Commission has dismissed its lawsuit with crypto exchange Coinbase on Feb. 27, filings show, ending the case permanently. The SEC agreed to vo
GameStop Corp. (GME) has acknowledged a letter from Strive Asset Management urging the gaming retailer to buy Bitcoin, which a crypto exchange executive says could blow the minds of traditional finance investors.GameStop CEO Ryan Cohen confirmed in a
By James RogersRetailer's shares jump in premarket trading after report of possible bitcoin investmentShares of GameStop Corp. gained more than 7% in premarket trading following a report that the company is weighing a bitcoin investment.Citing source
A crypto cult hoping to flip the entire U.S. stock market just moved closer to its bizarre goal, although with trillions of dollars more to go.SPX6900 (SPX) crossed a $1.1 billion capitalization earlier Friday to set a new record above $1.25, breakin