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GameStop Raising $450 Million From Convertible Senior Notes To Make Investments
Bitcoin Magazine GameStop Raising $450 Million From Convertible Senior Notes To Make Investments GameStop boosts its convertible note offering to $2.7 billion, potentially for a Bitcoin allocation under its updated investment policy. This post GameStop Raising $450 Million From Convertible Senior Notes To Make Investments first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.
Bitcoin Magazine
GameStop Raising $450 Million From Convertible Senior Notes To Make Investments
Today, GameStop Corp. (NYSE: GME) filed a Form 8-K with the SEC, following the full exercise of a $450 million Greenshoe option on its recent private offering of convertible senior notes, which could see the company potentially use the proceeds to purchase more Bitcoin. The move brings the total value of GameStop’s zero percent convertible senior notes due 2032 to $2.7 billion.
JUST IN: GameStop $GME raised $450 million to make "investments in a manner consistent with GameStop’s Investment Policy"
Buying Bitcoin is official GameStop Investment Policy 
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