GameStop announces a $1.3 billion convertible notes offering with plans to potentially buy Bitcoin — mirroring MicroStrategy’s treasury strategy.

With its eagerly anticipated move into bitcoin, videogame retailer and original meme-stock name GameStop Corp. is following ...

The company said Tuesday its board voted unanimously to raise $1.3 billion to purchase Bitcoin, while simultaneously closing a “significant number” of retail stores. Although the news was greeted with ...

GameStop lost over 9% on Thursday, just one day after jumping nearly 12% and finishing as the best performer in the S&P 500. The drop happened after the company said it would raise $1.3 billion ...

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Related: Why GameStop is trying to be the next MicroStrategy with its bitcoin move Nonetheless, GameStop's stock climbed again last year with the return of influential trader Keith Gill ...

Along with the GameStop stock, BTC price is also seeing some selling pressure, dropping 1.7% today and slipping under $86,000.

Shares of MicroStrategy, the largest corporate holder ... Meme stock and videogame retailer GameStop, which announced in March it would begin investing in cryptos, was down 4.6% to $22.57.

GameStop (NYSE: GME) is leaning into a strategy pioneered by MicroStrategy, announcing a $1.3 billion private offering convertible senior notes due 2030 — with potential plans to use the ...

videogame retailer and original meme-stock name GameStop Corp. is following in the cryptocurrency footsteps of software company and bitcoin play Strategy, formerly MicroStrategy Inc. GameStop's ...

Michael Patcher, an analyst at investment management firm Wedbush Securities, told Fortune that by comparison ... Microstrategy trades at a lower premium to its liquid assets than GameStop ...