BTC news: EBay rejects GameStop’s $56 billion bid as bitcoin exposure back in focus

May 12, 2026 - 14:45
BTC news: EBay rejects GameStop’s $56 billion bid as bitcoin exposure back in focus
Shopping giant eBay has rejected video game retailer GameStop’s ambitious $56 billion takeover offer, leaving the latter to decide whether it wants to walk away, raise the bid or take the fight directly to shareholders. EBay’s board called the half-cash, half-stock offer “neither credible nor attractive” on Tuesday, per Reuters, citing doubts around financing and...

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