GameStop Announces $1.3 Billion Fundraising Plan To Purchase Bitcoin

GameStop Corp. announced plans to raise $1.3 billion through a private offering of convertible senior notes, with proceeds intended for general corporate purposes, including the acquisition of Bitc...

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GameStop Announces $1.3 Billion Fundraising Plan To Purchase Bitcoin

Source: Bitcoin Magazine

GameStop Corp. announced plans to raise $1.3 billion through a private offering of convertible senior notes, with proceeds intended for general corporate purposes, including the acquisition of Bitcoin. This follows the company’s recent decision to update its investment policy to add Bitcoin as a treasury reserve asset.