GameStop raises an additional $450 million to increase its bitcoin holdings
2025-06-25 14:27:16
GameStop disclosed in a filing with the Securities Exchange Commission that the company raised an additional $450 million through the sale of zero-coupon convertible senior notes, bringing the total raised by the company's mid-June convertible bond offering to $2.70 billion, which will be used for corporate purposes and investments, including continuing to acquire bitcoin as a treasury reserve asset.
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