Mars Finance reports that GameStop (GME) has completed the full subscription of a $1.3 billion five-year convertible note, with total fundraising reaching $1.5 billion including the over-allotment portion, and net proceeds of $1.48 billion after deducting expenses. Previously, GameStop disclosed in its latest financial report that its board of directors has approved an updated investment policy, planning to incorporate Bitcoin into its balance sheet. The market anticipates that the company may have already started or is about to initiate Bitcoin asset allocation.
GameStop Completes $1.5 Billion Convertible Bond Issuance, May Launch Bitcoin Allocation Plan
This article is machine translated
Show original
Sector:
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content