Summary
- It was revealed that GameStop has issued additional convertible bonds worth $450 million.
- A total of $2.7 billion will be raised, and the funds are expected to be used for operating expenses and investments, including Bitcoin (BTC) acquisitions.
- It was reported that GameStop currently holds 4,710 BTC.
It has been revealed that GameStop has issued additional convertible bonds worth $450 million.
According to the U.S. Securities and Exchange Commission (SEC) on the 25th (local time), GameStop issued an additional $450 million in convertible bonds. As a result, a total of $2.7 billion will be raised through convertible bond issuances in June. The funds raised are expected to be used for operating expenses, investments, and Bitcoin (BTC) purchases.
Currently, GameStop holds 4,710 BTC.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
