GameStop recently raised $1.75 billion through a convertible senior notes offering, potentially bolstering its Bitcoin reserves. The move has sparked mixed reactions from investors, with some expressing skepticism over the company’s future strategy. 10% of GameStop’s stock value plummeted following the announcement of this financing. The company plans to raise an additional $250 million, and the funds could be utilized for Bitcoin acquisitions, signaling a strategic shift in their investment approach. This move is part of a larger trend where institutional investors are increasingly incorporating cryptocurrency into corporate portfolios, including GameStop’s previous significant acquisition of over 4,710 BTC in April.