GameStop Raises $1.75 Billion Through Convertible Note Offering, Aiming to Boost Bitcoin Investments

GameStop has recently issued a $1.75 billion convertible note offering, seeking to invest in line with their updated Bitcoin-inclusive policy. This move underscores GameStop’s commitment to cryptocurrency, particularly as they explore new avenues for treasury management and market impact. The company aims to leverage this capital to fund further investments in Bitcoin, which could have a ripple effect on the broader cryptocurrency market.