🕹️ #gamestop Eyes More Bitcoin?
GME is raising $1.75B via convertible bonds, hinting at another $BTC buy following its 4,710 #bitcoin purchase earlier this year.
💼Proceeds will go toward “general purposes” including crypto investments 👀
📉Despite the news GME stock is sliding on weak Q1 results
💰Cash reserves now sit at $6.4B up from $1B last year
Is GameStop the next #MicroStrategy ?