GameStop Finishes $1.5 Billion Raise to Add Bitcoin to Balance Sheet
GameStop Finishes $1.5 Billion Raise to Add Bitcoin to Balance Sheet

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.