GameStop has announced a private offering of convertible senior notes worth $1.75 billion, due in 2032. This move underscores the company’s ongoing strategy to shift its focus towards digital and crypto investments. The announcement comes from GameStop Corp. (NYSE: GME) in their official press release: ‘GameStop Corp. today announced that it intends to offer, subject to market conditions and other factors, $1.75 billion aggregate principal amount of 0.00% Convertible Senior Notes due 2032 in a private offering to persons reasonably believed to be qualified institutional buyers’. The company’s recent focus on digital transformation has included substantial investments in cryptocurrency. 1 This strategy continues despite fluctuating stock prices, as the company seeks to expand into new markets.