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Muhammad Waris 06
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How the Iran-Israel Conflict is Reshaping Cryptocurrency Markets
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When would $XRP start climbing can anyone predict.
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Minimum investment?
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what is the average surge of $XRP
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GameStop's stock plunged 11.7% in after-hours trading after announcing plans to raise $1.75 billion through a private offering of convertible senior notes. This continues the company's strategy of using debt financing, which has previously funded Bitcoin purchases. While GameStop hasn't explicitly stated the new funds will go towards more Bitcoin, it said proceeds would be used according to its investment policy, which allows for potential acquisitions. Notably, the company used part of a similar $1.5 billion note offering earlier in 2025 to buy 4,710 Bitcoin worth $513 million on May 28th. This purchase made GameStop the 13th largest corporate holder of Bitcoin. The new notes have specific terms: * A 0% interest rate. * Maturity date of June 15, 2032. * Option for initial buyers to purchase an additional $250 million. * Convertible into cash, GameStop stock, or a mix (at the company's choice). This financing move follows GameStop's Q1 earnings report: The company posted a $44.8 million profit, reversing a $32.3 million loss from Q1 2024. However, revenue fell 17% year-over-year to $732.4 million, missing expectations. This revenue miss contributed to an initial 5.34% stock drop during regular trading hours, closing at $28.55. Since its initial Bitcoin purchase announcement and acquisition: GameStop's share price has fallen 18.5% (per Google Finance). Including the recent after-hours drop, the stock has now erased *all* gains made since March 25th, when it first revealed plans to invest in Bitcoin. This decline contrasts with the typical market reaction where companies announcing Bitcoin purchases usually see their share prices rise. $BTC #BinanceHODLerRESOLV
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