Articles for tag: Bitcoin, convertible notes, Corporate Financing, Cryptocurrency, GameStop, Investment Strategies, Market Conditions

Market News

GameStop Proposes $1.3 Billion Private Offering of Convertible Senior Notes to Strengthen Financial Position and Growth Strategy

GameStop Corp., based in Grapevine, Texas, has announced plans to offer $1.3 billion in convertible senior notes, due by 2030, to qualified institutional buyers. These notes will not accrue interest and will allow for conversion into cash, shares, or a combination of both. GameStop also expects to grant an option for an additional $200 million ...

Market News

Michael Saylor’s Strategy Reignites Bitcoin Purchases After Week-Long Pause: What It Means for Investors

Michael Saylor has recently hinted that his company, Strategy, may resume its Bitcoin purchases after a brief pause. He tweeted about a Bitcoin tracker, suggesting an upcoming acquisition. Strategy plans to raise $2 billion through a convertible note offering to fund these purchases. Currently, the company holds around 478,740 Bitcoins, valued at approximately $46 billion. ...

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