GameStop plans to raise an additional $450 million to increase its holdings in Bitcoin.

GateUser-6433627c · 2025-06-25T14:24:31+00:00

[GameStop raises an additional $450 million to increase Bitcoin holdings] GameStop disclosed in a filing with the SEC that the company raised an additional $450 million by selling zero-coupon Convertible Bonds, bringing the total amount raised in the company's Convertible Bond issuance in mid-June to $2.7 billion. The funds will be used for corporate purposes and investments, including continued acquisition of Bitcoin as a treasury reserve asset.

GateUser-6433627c

2025-06-25 14:24:31

[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.

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