GameStop took out $4B in debt in 2025 and litterally parked it all in Cash/Securtities. They clearly issued the debt last year to inflate their cash to $9B and make the acquisition seem less risky today. Nobody is noticing because Cohen is misleading shareholders by claiming they have $9B in cash to make an acquisition, which is true, but they took out significant debt to achieve that number. This acquistion is even riskier than what Cohen is leading you to believe.
GameStop Does Not Have $9B in Cash to Acquire Ebay
byu/Jealous-Ad4239 ininvesting
Posted by Jealous-Ad4239
2 Comments
> GameStop Does Not Have $9B in Cash
> Cohen is misleading shareholders by claiming they have $9B in cash to make an acquisition, which is true
Sounds like they do have cash, they just also have liabilities – like almost every business. Using debt to finance growth is a normal part of business.
It’s half cash, half stock. How hard is it to understand?
/s