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eBay Rejects GameStop's $56B Bid, Bitcoin Stash in Spotlight
Published 2 weeks ago
Description
eBay Rejects GameStops $56B Bid; Bitcoin Stash in Focus
eBays board dismissed GameStops $125 per share offer, citing unstable financing. GameStops funding plan, including a $9.4B cash infusion and up to $20B in debt, faces challenges. Investors, including Michael Burry, have sold off GameStop shares. GameStops bitcoin holdings, valued at $368M, could be considered for additional cash.
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