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BSCN·2026-05-04 21:15

GAMESTOP'S $55.5B EBAY TAKEOVER BID PUTS ITS BITCOIN STASH IN PLAYBullish or bearish for Bitcoin? Could be either.@gamestop submitted a non-binding $55.5 billion offer for @eBay on Sunday, $125 a share in cash and stock. The cash leg draws on $9.4 billion of cash and liquid investments plus up to $20 billion in TD Securities financing, with CEO Ryan Cohen telling CNBC he can also issue stock to close the deal.That puts GameStop's 4,709 bitcoin:native, worth around $368 million, into question. Cohen said in ...

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