Summary
- GameStop issued $1.5 billion in convertible bonds to include Bitcoin in its balance sheet.
- Strive CEO Matt Cole stated that internal discussions on the scale of Bitcoin purchases are ongoing.
- He reported that there are differing opinions within the company regarding the Bitcoin purchase strategy.
GameStop has approved the inclusion of Bitcoin (BTC) in its balance sheet and issued $1.5 billion in convertible bonds to purchase Bitcoin. Meanwhile, Matt Cole, CEO of American asset management firm Strive, stated that "internal discussions are ongoing regarding the scale of Bitcoin purchases."
On the 25th (local time), he told Decrypt, a media outlet specializing in virtual assets (cryptocurrency), "The investment scale has not yet been finalized," adding, "There are differing opinions within the company on whether to fully engage in the Bitcoin purchase strategy."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.![Dow Tops 50,000 for First Time Ever as “Oversold” Narrative Spreads [New York Stock Market Briefing]](https://media.bloomingbit.io/PROD/news/1c6508fc-9e08-43e2-81be-ca81048b8d11.webp?w=250)
!["No U.S. government backstop" shock…Bitcoin retreats to the $60,000 level; Ethereum also rattled [Lee Su-hyun’s Coin Radar]](https://media.bloomingbit.io/PROD/news/a68e1192-3206-4568-a111-6bed63eb83ab.webp?w=250)