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

GameStop shares plunged Thursday after the company's plans to sell debt to fund purchases of bitcoin raised some questions on Wall Street. The video game retailer announced a private offering of $1.3 billion in debt. The company said earlier this week that it plans to pursue bitcoin as a reserve asset. It will use proceeds from this debt offering to buy the cryptocurrency. The debt offering comes at a big premium to the company’s value.

AP News
Chilling with #Sonic music while watching my #stonk portfolio.
#FunkFiction
https://www.youtube.com/watch?v=Amo-w9r29YA&t
Sonic & Chill

YouTube
Time to sit here and watch my #stonk portfolio while sipping on some instant decaf #coffee

Holy cow, I may or may not have looked at my stock portfolio, not recalling I bought NVDA (NVIDIA stock) a few years ago. Hoooboy.

I also didn't recall buying TSLA (Tesla stock) before Musk went full mental. But these are taken care of, they will be sold Monday morning, I don't want any with Musk or his friends.

#Stocks #Stock #Stonk #NVIDIA #Tesla #Musk

Nvidia Now Worth More Than Tesla, Exxon, Walmart, Costco, Netflix, Intel, Disney And Pepsi Combined: The

Nvidia shares are up over 270% in the last year. The company's market capitalization of $2.80 trillion puts the company in select company.

Benzinga

Stonks Musk recommends non dark skinned people having more children instead of dark skinned immigration to combat demographic change.

No, racist Elon, infinite population growth is just as stupid and harmful as the false belief in infinite economic growth.

#ElonMusk #Immigration #DemographicChange #xenophobe #xenophobic #populism #populist #Stonk #StonkMeme #Stonks #ElonStonks #ElonStonk #StonksMemes #StonksMeme #racist #racism #RacistMusk #RacistElonMusk #ElonMuskRacist

Hitler reacts to the market being irrational

PeerTube