$BTC A GameStop announced the issuance of $1.75 billion in convertible notes maturing by 2032. The initiative follows its recent strategy of financial diversification. In May, the company acquired 4,710 Bitcoins, totaling about $513 million. Now, it intends to use the funds obtained from the new offering to expand its crypto treasury and make strategic acquisitions. However, the market reacted cautiously, and the company's stock fell shortly after the announcement.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.