Gamestop, the recognized video game chain, announced yesterday June 11 its plan to raise $ 1,750 million through a convertible bonds issuance, advancing in its Bitcoin adoption strategy (BTC).
The company, according to a release, It will allocate much of these funds to increase your digital currency reservewhile another portion will be used in general corporate purposes.
The offer, designed exclusively for qualified institutional buyers, includes an option to acquire additional 250 million dollars in notes within two weeks after the initial issuance. These notes, without regular interests, will overcome in June 2032, unless they become or reward before.
This step strengthens the strategy that Gamestop undertook in March 2025, when he planned to issue convertible bonds for 1.5 billion dollars to acquire Bitcoin, as reported by cryptootics.
On May 28, the company confirmed the purchase of 4,710 BTC, integrating to the group of companies that accumulate Bitcoin as a reserve asset.
The decision to persist in this “saylorized” strategy, It seeks to diversify Gamestop’s treasury and capitalize Bitcoin’s potential as a long -term value reserve.
The term “saylorized” alludes to the Strategy model, formerly Microstrategy, created by the president of the company, Michael Saylor, leading it to be The public contribution company with the greatest amount of Bitcoin in its treasury.
Ryan Cohen, CEO of Gamestop, met several times with Saylor, who pioneered to finance the purchase of BTC through convertible bonds, allowing to acquire the currency without depending on operational income.
With this new issue, Gamestop consolidates its commitment to Bitcoin, positioning itself as a company that redefines corporate assets management through investment in digital assets.
