GameStop Corp. (NYSE: GME) announced the price of its sale of convertible senior tickets to the convertible scale in 2032. The established game retailer increased its sale of $ 1.75 billion tickets, announced earlier this week, to around 2.25 billion dollars.
The company also announced that the first buyers of tickets will have the opportunity to buy an additional $ 450 million within 13 days. Consequently, GameStop estimated that this collects up to $ 2.68 billion after the closing of the sale of tickets on June 17, 2025.
Could GameStop are preparing for more Bitcoin purchases?
The company said that funds will be used to make strategic acquisitions and investments, which aligns its long -term objective. As Coinpedia previously reported, GameStop has already disclosed with around 4,710 bitcoins, which were bought during the first quarter of 2025.
“GameStop intends to use the net product of the offer for general companies, including investment in accordance with GameStop’s investment policy and potential acquisitions,” noted the announcement.
The company has bet on an imminent long-term Bitcoin parabolic rally, fueled by clear regulatory frameworks with cryptography in the United States. In addition, more companies have followed the traces of the strategy in the implementation of a BTC cash management plan to cover themselves against inflation.
At the time of writing this article, around 228 entities, led by listed companies, adopted a BTC cash management plan. Consequently, the Bitcoin offer on centralized exchanges continued to decrease exponentially, thus exacerbating the existing supply compared to the request for request.
