EBay rejects GameStop’s $56 billion bid, putting bitcoin exposure back in focus

Bearish-1.71%
12 May, 13:35
Source: CoinDesk

AI Summary

eBay rejected GameStop's $56 billion half-cash, half-stock acquisition offer as not credible, bringing attention back to GameStop's bitcoin treasury exposure.

The online marketplace's board called the half-cash, half-stock offer "neither credible nor attractive" Tuesday.