#VietnamCryptoPolicy
What deserves even more attention is that these companies do not only buy but also finance their purchases.
GameStop and Metaplanet have successively announced a new financing plan.
GameStop plans to issue up to 2 billion dollars in convertible bonds.
Although the official communication mentions a general use of the funds, the majority of observers expect that part of it will be directed towards investments in digital assets.
Metaplanet, for its part, has clearly indicated that the issuance of 210 million dollars in non-interest-bearing ordinary bonds will be dedicated to increasing its Bitcoin reserves.
This reveals a new trend in financial markets to raise low-cost capital through convertible bonds or similar instruments, in order to directly allocate it to reserve digital assets.