From Yahoo Finance: 2025-03-27 15:54:00

GameStop shares dropped after announcing a $1.3 billion debt offering to buy bitcoin. Stock plummeted 22.1%, sparking concerns. Wedbush analysts criticize high premium and exclusion of some investors. Despite doubts, company plans to increase cash from $4.8 billion to $6.1 billion. GameStop, known for meme stock craze, faces scrutiny over strategy.

Read more: GameStop slumps as its plan to sell debt to fund bitcoin purchases raises some questions