GameStop shares have traded sideways despite another $450 million raise as part of its private convertible note offering for investments, which could include Bitcoin.
The retailer data-ct-non-breakable=”null” href=”https://www.sec.gov/ix?doc=/Archives/edgar/data/1326380/000132638025000059/gme-20250623.htm” rel=”noopener nofollow” target=”_blank” title=”null”>disclosed to the US Securities and Exchange Commission on Monday that someone who opted into the data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/gamestop-sink-20-500m-upsizing-btc-investments” title=”null”>initial $2.25 billion note offering has decided to purchase an additional $450 million.
The funds have been earmarked for general corporate purposes, including investments and potential acquisitions. Bitcoin (BTC) wasn’t specifically mentioned, but the retailer has data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/gamestop-reportedly-considers-investing-crypto-bitcoin” title=”null”>flagged plans…
