“The Company Last Week AnnounCed ITS INTENTION TO ADD BITCOIN TO ITS BANCE SHEET.”, – WRITE: www.coindesk.com
Gamestop Has $ 1.5b of Bitcoin Buying Power After Closing Convertible Note SaleThe Company Last Week AnnounCed ITS INTENTION TO ADD BITCOIN TO ITS BANCE SHEET.Updated APR 1, 2025, 8:31 PM UTCPUBLISHED APR 1, 2025, 8:30 PM UTC
Bitcoin (BTC) Purchases from Video Game Retaler Gamestop (GME) Could Be ImMinent or May have already Begun After the Company CLOSED ON ITS Offering of $ 1.3 Bill.
The $ 200 Million Greeenhoe Option Was Fully Exercised by the Initial Purchaser, Bringing The Total Amount of the Sale to $ 1.5 Billion. Net Proceeds to the Company After Fees Were $ 1.48 Billion, Account to A Filing Monday After the Close of US Trading.
Alongside Its Fourth Quarter Earnings Report Last Week, Gamestop – Led By Its Ceo Ryan Cohen – AnnounCed Full Board Approval of AnnounCed Full Board Aproval.
GME Shares Rose 1.35% During the Regular Session on Monday and Are Up Another 0.8% in After Hours Action. Bitcoin Remains Modestly Higher Over The Past 24 Hours at $ 84.900.
Stephen AlpherStephen Is Coindesk’s Managing Editor for Markets. HE PREVIUSLY Served As Managing Editor at Se timesing Alpha. A Native of Suburban Washington, DC, Stephen Went to the University of Pennsylvania’s Wharton School, Majoring in Finance. He Holds Btc Above Coindesk’s Discalosure Threshold of $ 1,000.
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