Circle’s stock (CRCL) soared 25% to $133.56, approaching its all-time high, fueled by growing adoption of its USDC stablecoin and market anticipation of potential retail stablecoin launches by Amazon and Walmart. GameStop shares plummeted 22% following its announcement of a… Read More »Circle Stock Surges on Stablecoin Expansion as GameStop and SharpLink Face Market Turbulence
GameStop has announced plans to raise up to $1.75 billion through an offering of convertible senior notes. This significant capital raise follows the company’s recent strategic move into cryptocurrency, specifically its purchase of 4,710 Bitcoin valued at approximately $512 million.… Read More »GameStop Seeks $1.75 Billion via Convertible Notes, Bolstering Bitcoin Treasury Strategy
GameStop Corp. has unveiled plans to raise capital through a private placement offering of convertible preferred notes. The company intends to issue $1.75 billion aggregate principal amount of convertible senior notes to qualified institutional buyers. Convertible preferred notes are debt… Read More »GameStop Announces $1.75 Billion Convertible Preferred Notes Offering