GameStop shares drop 22% after the retailer issues debt to buy bitcoin
GameStop shares tumbled Thursday, suffering its biggest loss since June, after the video game retailer announced plans to raise debt to buy bitcoin. The meme stock plunged 22.1%, following an almost 12% rally the previous session. The reversal came after the video game chain announced plans to raise $1.3 billion through the sale of convertible […]
GameStop shares drop 22% after the retailer issues debt to buy bitcoin Read More »