avatar

1951: GameStop Finishes $1.5 Billion Raise to Add Bitcoin to Balance Sheet

Bitcoin News Alerts | Daily BTC News
Bitcoin News Alerts | Daily BTC News
Episode • Apr 3 • 36m

Video game retailer GameStop Corporation (GME) has finished a convertible debt offering that raised $1.5 billion, with proceeds earmarked for buying Bitcoin. GameStop labeled the indenture for its convertible bonds as “Project Rocket” in the file name submitted to the SEC.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Switch to the Fountain App