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- 🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
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GameStop plans to raise an additional $450 million to increase its holdings in Bitcoin.
[GameStop raises an additional $450 million for Bitcoin acquisition] GameStop disclosed in a filing submitted to the SEC that the company raised an additional $450 million by selling zero-coupon Convertible Bonds, bringing the total fundraising amount for the company’s Convertible Bond issuance in mid-June to $2.7 billion. The funds will be used for corporate purposes and investments, including continuing the acquisition of Bitcoin as treasury reserve assets.