Odaily News GameStop (GME) has completed the full subscription of its $1.3 billion five-year convertible notes. Together with the over-allotment, the total funds raised reached $1.5 billion, with net proceeds of $1.48 billion after deducting fees.
Previously, GameStop disclosed in its latest financial report that its board of directors has approved an updated investment policy and plans to include Bitcoin in its balance sheet. The market expects that the company has already started or is about to start Bitcoin asset allocation.