Video game retailer GameStop Corp. has significantly bolstered its finances by raising a private offering of up to $2.25 billion, reflecting the company’s commitment to its ambitious Bitcoin treasury strategy. The larger-than-originally-intended offering, initially targeting qualified institutional buyers under Rule 144A, includes an additional $450 million option. This move comes amid economic uncertainty and a need for greater financial resilience. 2032, unless investors choose to convert, redeem, or repurchase them early. Notably, the notes will mature on June 15, 2032, are unsecured with no regular interest accrual, and won’t accrue principal. 1, reflecting a shift away from traditional investment approaches. GameStop’s move mirrors strategies employed by companies like MicroStrategy, which has positioned itself as a crypto pioneer. In March, the firm secured a $1.3 billion funding deal and later in May purchased approximately $495 million worth of Bitcoin (BTC), totaling 4,710 BTC. This strategic shift marks a significant departure from traditional corporate finance, echoing the volatility witnessed during the 2021 meme stock frenzy while navigating a challenging revenue decline – falling from $881.8 million in Q1 2025 to $732.4 million. Despite this bold investment move, GameStop’s stock (GME) dropped 22.5% on June 12 following a market crash triggered by the Israel-Iran news.