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GameStop stock plunges over 25% intraday after announcing $1.3b Bitcoin bet

Micah Zimmerman
March 27, 2025
gamestop-stock-plunges-over-25%-intraday-after-announcing-$1.3b-bitcoin-bet
GameStop stock plunges over 25% intraday after announcing $1.3b Bitcoin bet
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GameStop’s stock experienced a stock decline of over 25% intraday on Thursday. This slump followed the announcement of a strategic pivot involving the issuance of $1.3 billion in convertible bonds to finance the acquisition of Bitcoin (BTC). The video game…

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