GameStop's $3B Market Cap Decline Amid Bitcoin Investment Concerns

GameStop's $3B Market Cap Decline Amid Bitcoin Investment Concerns

GameStop Corp. saw its market capitalization shrink by approximately $3 billion on March 27, 2025, following a sharp sell-off prompted by investor unease over the company’s decision to allocate significant capital toward Bitcoin. The company’s stock fell 22.1% to close at $22.09, a steep decline from the previous day’s $28.36. This drop followed GameStop’s announcement of a $1.3 billion private offering of convertible senior notes, with proce...

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