GameStop raises $450M to acquire more Bitcoin

#GameStop has revealed in a filing with the U.S. Securities and Exchange Commission that it has secured an additional $450M through the sale of zero-coupon convertible senior notes. This brings the total raised from GameStop’s mid-June convertible bond issuance to $2.7B, which the company intends to use for general corporate purposes and investments, including further #Bitcoin purchases as a treasury reserve asset.

👉 coindesk.com/business/2025/06/25/gamestop-has-another-27b-in-bitcoin-buying-power-after-450m-greenshoe-exercise