GameStop Raises $1.75 Billion to Fuel Bold Bitcoin Investment

Gaming giant GameStop has secured a significant funding boost, raising $1.75 billion through convertible bonds to fuel its strategic move toward further Bitcoin investments. While the company hasn’t explicitly outlined how it will use these funds, industry experts anticipate a substantial portion being allocated to bolstering its Bitcoin holdings. This follows recent trends where companies are leveraging digital assets to enhance their financial standing and increase share value.