Category GameStop

The company earlier this week closed on a $1.5 billion capital raise, with the funds to be mostly used to buy bitcoin.

The company last week announced its intention to add bitcoin to its balance sheet.

The sell-off might have to do with the convertible note pricing, while some speculated that it's a sign of investor disapproval of the bitcoin acqu...

Company CEO Ryan Cohen had teased possible purchases weeks ago, notably sharing a photo of himself and Strategy's Michael Saylor at a Mar-a-Lago ev...

GameStop has a unique opportunity to redefine itself as a market leader with its nearly $5 billion cash reserve, the letter said.