🔥 GameStop invests $2.25 billion in Bitcoin — a new twist in the company's strategy
🇺🇸 American retailer GameStop is stepping up: the company has issued convertible bonds worth $2.25 billion maturing in 2032 and will use these funds to purchase BTC for its corporate treasury.
📌 Key parameters of the deal:
* Conversion is possible at a price of $28.91 per share — this is 32.5% above the current rate.
* Investors have the right to demand early redemption in 2028.
* There is an option to raise an additional $450 million, which will increase the total offering to nearly $2.7 billion.
⚡️ Why is GameStop doing this?
The company is clearly betting on the long-term value of Bitcoin as a capital preservation asset.
📊 What this means for the market:
* Bitcoin is increasingly penetrating corporate balance sheets — and not just in tech companies.
* Traditional public companies are beginning to use BTC as a tool to protect against inflation and dollar devaluation.
* Such steps enhance the legitimacy of cryptocurrency in the eyes of institutional investors and regulators.
💬 While some are discussing ETFs and deregulation, others are accumulating Bitcoin through bonds.
GameStop sends a signal: