
GameStop Bold $1.75 Billion Convertible Note Offering Sparks Stock Sell-Off Amid Bitcoin Bet
GameStop’s stock took a sharp hit, plunging over 20% in after-hours trading following the announcement of a $1.75 billion convertible note offering aimed at bolstering its financial position. The move, unveiled on June 11, 2025, targets institutional investors and includes an option to raise an additional $250 million shortly after