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International Business Times

Business

Marvie Basilan

GameStop Adopts Strategy's Bitcoin Playbook, Announces $1.3B Offering; Michael Saylor Lauds Move

GameStop Michael Saylor Bitcoin Strategy Metaplanet MicroStrategy Tesla Inc.

GameStop (Credit: GameStop on X / Video Screenshot)

KEY POINTS

GameStop previously announced its board has unanimously approved diversifying the company's portfolio to include $BTC
The senior notes plan is very similar to how Strategy has acquired its $BTC over the years
Strategy's Michael Saylor has been very active in lauding GameStop's decision

Video game retail giant GameStop has announced its plans to offer $1.3 billion in convertible senior notes to qualified institutional buyers, and an undisclosed amount will be used to acquire Bitcoin.

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Top stories on inkl right now

Isaias strengthens into Category 2 hurricane; halts 63% of Gulf oil output, 1.3 mln barrels a day off market

Isaias strengthens into Category 2 hurricane; halts 63% of Gulf oil output, 1.3 mln barrels a day off market

Hurricane Isaias is predicted to become a dangerous storm as it approaches the Gulf Coast. Preparations are underway, including evacuations and securing boats in coastal areas. The hurricane could bring severe weather, including high winds and heavy rainfall, affecting multiple states. Oil production is also being impacted significantly due to…

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Houston Physician Indicted in Alleged $30 Million Scheme Billing Federal COVID Program for Office Visits That Never Happened

Houston Physician Indicted in Alleged $30 Million Scheme Billing Federal COVID Program for Office Visits That Never Happened

A Houston doctor faces fraud charges over an alleged $30 million scheme billing a federal COVID program for uninsured patients. What the case alleges.

Okaloosa Mandatory Evacuation Covers Zones A and B as Hurricane Isaias Threatens 5- to 7-Foot Storm Surge

Okaloosa Mandatory Evacuation Covers Zones A and B as Hurricane Isaias Threatens 5- to 7-Foot Storm Surge

Okaloosa County ordered Zones A and B to evacuate as Hurricane Isaias nears. Shelter sites, special needs registration, and surge risks are explained.

Florida Drops Moral Exemption From Vaccine Rule but Still Plans to End Four School and Child Care Requirements

Florida Drops Moral Exemption From Vaccine Rule but Still Plans to End Four School and Child Care Requirements

Florida removed a proposed moral vaccine exemption but still plans to end four school shot rules. What parents should know after Thursday's hearing.

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Missouri Deputy Struck Persephone Berger, 16, as Family Accuses Police of Misleading Them About Hit-And-Run

Missouri Deputy Struck Persephone Berger, 16, as Family Accuses Police of Misleading Them About Hit-And-Run

Persephone Berger, 16, died after a Missouri deputy struck her on a roadway. Her family says they were initially told it was a hit-and-run.

International Business Times UK

How to watch NASCAR at Charlotte II: Weekend schedule, start time, entry list, TV

How to watch NASCAR at Charlotte II: Weekend schedule, start time, entry list, TV

NASCAR is racing at the Charlotte Motor Speedway oval this weekend, but inclement weather from an approaching hurricane may impact on-track activity

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Isaias strengthens into Category 2 hurricane; halts 63% of Gulf oil output, 1.3 mln barrels a day off market

Isaias strengthens into Category 2 hurricane; halts 63% of Gulf oil output, 1.3 mln barrels a day off market

Hurricane Isaias is predicted to become a dangerous storm as it approaches the Gulf Coast. Preparations are underway, including evacuations and securing boats in coastal areas. The hurricane could bring severe weather, including high winds and heavy rainfall, affecting multiple states. Oil production is also being impacted significantly due to…

The Economic Times

Houston Physician Indicted in Alleged $30 Million Scheme Billing Federal COVID Program for Office Visits That Never Happened

Houston Physician Indicted in Alleged $30 Million Scheme Billing Federal COVID Program for Office Visits That Never Happened

A Houston doctor faces fraud charges over an alleged $30 million scheme billing a federal COVID program for uninsured patients. What the case alleges.

Okaloosa Mandatory Evacuation Covers Zones A and B as Hurricane Isaias Threatens 5- to 7-Foot Storm Surge

Okaloosa Mandatory Evacuation Covers Zones A and B as Hurricane Isaias Threatens 5- to 7-Foot Storm Surge

Okaloosa County ordered Zones A and B to evacuate as Hurricane Isaias nears. Shelter sites, special needs registration, and surge risks are explained.

Florida Drops Moral Exemption From Vaccine Rule but Still Plans to End Four School and Child Care Requirements

Florida Drops Moral Exemption From Vaccine Rule but Still Plans to End Four School and Child Care Requirements

Florida removed a proposed moral vaccine exemption but still plans to end four school shot rules. What parents should know after Thursday's hearing.

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Missouri Deputy Struck Persephone Berger, 16, as Family Accuses Police of Misleading Them About Hit-And-Run

Missouri Deputy Struck Persephone Berger, 16, as Family Accuses Police of Misleading Them About Hit-And-Run

Persephone Berger, 16, died after a Missouri deputy struck her on a roadway. Her family says they were initially told it was a hit-and-run.

International Business Times UK

How to watch NASCAR at Charlotte II: Weekend schedule, start time, entry list, TV

How to watch NASCAR at Charlotte II: Weekend schedule, start time, entry list, TV

NASCAR is racing at the Charlotte Motor Speedway oval this weekend, but inclement weather from an approaching hurricane may impact on-track activity

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Woman finds a white purse at a thrift store. Then she unzips a small pocket and realizes it isn’t empty: ‘This is crazy’

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Pop Star Britney Spears Reportedly Branded 'Clueless' by Critics Over Recent Dollywood Ride Video

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International Business Times UK

What Happened to Travis Barker? Musician Shares Hospital Photos as Kourtney Kardashian Stays by His Side

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'I didn't know this place existed': Britney Spears enjoys family day at Dollywood

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How Jim Bakker became the Johnny Carson of Christian TV

When I was researching my 2017 book, “PTL: The Rise and Fall of Jim and Tammy Faye Bakker’s Evangelical Empire,” I interviewed dozens of former staffers and supporters of PTL, the ministry, television and theme park empire that the Bakkers built starting in the 1970s.

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