GameStop shares tank on convertible bond offering to potentially buy more bitcoin

cnbc.com/2025/06/12/gamestop-shares-tank-on-convertible-bond-offering-to-potentially-buy-more-bitcoin.html

GameStop shares slid on Thursday after the video game retailer and meme stock announced plans for a $1.75 billion convertible notes offering to potentially fund its new bitcoin purchase strategy.
The company said it intends to use the net proceeds from the offering for general corporate…

This story appeared on cnbc.com, 2025-06-12 13:25:55.174000.
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