Coinatory

GameStop Completes $1.5B Convertible Debt Offering to Acquire Bitcoin ​GameStop Corporation (NYSE: GME), the renowned video game retailer, has successfully concluded a convertible debt offering, securing $1.5 billion in capital. The proceeds are earmarked for general corporate purposes, notably including the acquisition of Bitcoin, as per the company's recent filing with the Securities and Exchange Commission (SEC). ​ Details of the Convertible Notes Offering Initially targeting $1.3 billion, the of... crypto news

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... Coinatory

Meme Coins Linked to GameStop and Roaring Kitty Surge with Double-Digit Gains Three Roaring Kitty-inspired meme coins have experienced notable double-digit price increases over the past day, reflecting a slight rise in the overall meme coin market cap, according to CoinMarketCap (CMC) data. The tokens, GME, KITTY, and ROAR, surged over 10% amid market movements. These tokens appear to have capitalized on their association with GameStop trader Keith Gill, despite lacking official ties to the original meme stock champion... cryptocurrency news