According to ChainCatcher and Bitcoin Magazine, GameStop's Bitcoin investment plan is named "Project Rocket".
Previous reports suggest that GameStop (GME) may have started or is about to start purchasing Bit after completing a $1.3 billion five-year convertible bond issuance. According to documents disclosed after Monday's US stock market close, underwriters have fully exercised the $200 million overallotment option, bringing the total issuance to $1.5 billion. After deducting fees, the company's net fundraising amount is $1.48 billion.