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GameStop Finishes $1.5 Billion Raise to Add Bitcoin to Balance Sheet
Episode 1951
Published 11 months ago
Description
Video game retailer GameStop Corporation (GME) has finished a convertible debt offering that raised $1.5 billion, with proceeds earmarked for buying Bitcoin. GameStop labeled the indenture for its convertible bonds as “Project Rocket” in the file name submitted to the SEC.
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