GME dives over 20% as investors react to Bitcoin buys and declining revenues, despite improved profitability and cost cuts.
GRAPEVINE, Texas--(BUSINESS WIRE)--GameStop Corp. (NYSE: GME) (“GameStop”), today announced the pricing of its upsized $2.25 billion aggregate principal amount of 0.00% Convertible Senior Notes du
GameStop Corp (NYSE: GME) opened more than 15% down on Thursday after announcing plans of raising $1.75 billion through a convertible notes offering to potentially expand its BTC holdings.
Shares of GameStop Corp (NYSE:GME) sank 19.5% on Thursday morning after the video game retailer unveiled plans to raise up to $1.75 billion through a private offering of zero-coupon convertible senior
GameStop stock tumbled Thursday on a $1.75 billion offering, potentially for bitcoin purchases. Retailer missed sales views earlier this week.

Why Shares of GameStop Are Tanking Today

10:27am, Thursday, 12'th Jun 2025
Shares of the video game retailer GameStop (GME -19.48%) had tanked roughly 19%, as of 10:18 a.m. ET today. The company announced plans to issue $1.75 billion in convertible notes for "general corpora
The videogame retailer is raising $1.75 billion in bonds that can convert to stock.
U.S. stock futures were lower this morning, with the Dow futures falling more than 250 points on Thursday.
The video game retailer announced plans for a $1.75 billion convertible notes offering to partially fund its bitcoin purchase.
The takeaway for investors is that GameStop is now in a race to determine whether it can generate a profit on Bitcoin, doing so sustainably and with a significant impact, to remain afloat without ero

GameStop's Plunge Doesn't Change Things

05:34am, Thursday, 12'th Jun 2025
GameStop's Q1 revenue missed expectations, driven by sharp declines in hardware and software sales, despite strong growth in collectibles. Profitability improved, with positive EPS and higher margins,
A cryptocurrency named after GameStop Corp. GME blasted to triple-digit gains Wednesday after the video game retailer announced plans to raise over a billion dollars for investment purposes.
GameStop Corp. late Wednesday said it plans to raise more debt — a move that could indicate another bitcoin purchase is looming for the videogame retailer and original meme stock.
GRAPEVINE, Texas--(BUSINESS WIRE)--GameStop Corp. (NYSE: GME) (“GameStop”) today announced that it intends to offer, subject to market conditions and other factors, $1.75 billion aggregate princip
GME tops Q1 earnings expectations as collectibles jump 55% and cost cuts drive higher margins despite falling sales.
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