GameStop shares drop 22%, reversing Wednesday's rally, on planned debt issue to buy bitcoin

The latest sell-off came after the video game chain announced plans to raise $1.3 billion through the sale of convertible senior notes to purchase bitcoin.

Mar 27, 2025 - 18:23
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GameStop shares drop 22%, reversing Wednesday's rally, on planned debt issue to buy bitcoin
The latest sell-off came after the video game chain announced plans to raise $1.3 billion through the sale of convertible senior notes to purchase bitcoin.