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CNBC Business • Jun 12, 2025

GameStop shares tank 20% as retailer reveals convertible debt offering, trading cards plan

The company’s decision to issue $1.75 billion in convertible notes aims to finance its bitcoin acquisition, impacting investor sentiment and contributing to a notable decline in it...

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CNBC Business • May 28, 2025

GameStop drops 9% despite initiating bitcoin buying plan with $500 million purchase

GameStop's recent acquisition of over $500 million in bitcoin marks a significant financial move, although the company's stock declined approximately 9% following the announcement.

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