{"id":19268,"date":"2025-03-26T21:02:00","date_gmt":"2025-03-26T21:02:00","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=19268"},"modified":"2025-03-26T21:02:00","modified_gmt":"2025-03-26T21:02:00","slug":"gamestop-stock-tumbles-after-the-bell-whats-going-on","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=19268","title":{"rendered":"GameStop Stock Tumbles After The Bell: What&#8217;s Going On?"},"content":{"rendered":"<div>\n<p><strong>GameStop Corp<\/strong> (NYSE:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/GME#NYSE\">GME<\/a>) shares are trading lower in Wednesday\u2019s after-hours session after the company announced a <a href=\"https:\/\/www.benzinga.com\/pressreleases\/25\/03\/g44502682\/gamestop-announces-proposed-private-offering-of-1-3-billion-of-convertible-senior-notes\">proposed private offering<\/a>.<\/p>\n<p><strong>What Happened:<\/strong> After market close on Wednesday, GameStop said it intends to offer $1.3 billion worth of its 0.00% convertible senior notes due 2030 in a private offering to institutional investors. The company plans to grant the initial purchasers 13 days to purchase up to an additional $200 million.<\/p>\n<p>Taking a page out of <a href=\"https:\/\/in.benzinga.com\/general\/gaming\/25\/03\/44466706\/gamestop-q4-earnings-preview-will-video-game-retailer-unveil-bitcoin-purchase\">Strategy\u2019s playbook<\/a>, GameStop said it intends to use the net proceeds from the offering to buy <strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>).<\/p>\n<p>The news comes a day after GameStop reported &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/general\/gaming\/25\/03\/44504061\/gamestop-stock-tumbles-after-the-bell-whats-going-on\" alt=\"GameStop\" stock tumbles after the bell: what going on>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>GameStop Corp (NYSE:GME) shares are trading lower in Wednesday\u2019s after-hours session after the company announced a proposed private offering. What Happened: After market close on Wednesday, GameStop said it intends to offer $1.3 billion worth of its 0.00% convertible senior notes due 2030 in a private offering to institutional investors. The company plans to grant [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-19268","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/19268","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19268"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/19268\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19268"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19268"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19268"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}