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debt financing News

GameStop's Bold Bitcoin Bet Backfires: Shares Tumble 23% Amid Debt Financing Plan

Michael Lee 28 Mar, 2025

GameStop Corp. shares fell sharply by 23% after announcing plans to raise $1.3 billion in debt to buy Bitcoin, following a board decision to add Bitcoin to its reserves which had i...

Business

Databricks Nears Record $9.5 Billion VC Raise, Eyes Additional $4.5 Billion in Debt

Ryan Peterson 14 Dec, 2024

Databricks is nearing a record $9.5 billion venture capital raise, with plans to secure an additional $4.5 billion in debt. This move reflects strong investor interest in the fast-...