GME Stock Tumbles Amid GameStop Offering Debt FUD: Should You Buy The Dip?

From mall staple with neckbeard cashiers to Reddit rally cry, the latest GameStop offering has moved into convertible debt, looking to raise $1.75 billion in private funding.

What it plans to do with the money is anyone’s guess, but the crypto crowd is already bracing for a BTC headline. It’s a long way from selling Xbox controllers but in 2025, so is everything else.

Bitcoin

Price

Market Cap

BTC

$2.16T

24h7d30d1yAll time

DISCOVER: 20+ Next Crypto to Explode in 2025 

GameStop Offering: A Familiar Playbook for Bitcoin Investment

In April, GameStop locked in $1.5 billion through a bond sale. It didn’t take long to see where that cash might be going. Over the next few weeks, the company scooped up 4,710 Bitcoin, staking a serious claim in crypto and rewriting its treasury policy to include BTC.

It’s a page ripped straight from MicroStrategy’s handbook.

“GameStop is following a path carved out by MicroStrategy, emphasizing Bitcoin as an integral treasury asset,” noted a crypto market analyst.

What the fuck did $GME announce?

Did they cure cancer? $BTC #GAMESTOP pic.twitter.com/h3U9sPnnSC

— Teddizard

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