Gamestop Gamestop, which was at the 2021 Meme Stock Mania, has announced it Intend To issue $ 1.3 billion of convertible notes. The notes will mature 0.00 % in 2030.
The company stated that the debt supply revenues will be used for “public companies”, which include bitcoin.
As U.today, a video game seller recently amended his investment policy to adopt Bitcoin as a backup asset.
By viewing convertible notes, it is clear that Gamestop takes a page from the leading playing book for the leading debt in the strategy.
However, the market does not seem like, as Gamestop (GME) shares decreased by 5.5 % in post -hours trading. On Wednesday, GME managed to get more than 11 % thanks to the Bitcoin axis.
