GameStop to raise $1.3B to buy Bitcoin as its stock becomes S&P 500’s best-performer

GameStop announced Tuesday it plans to raise $1. 3 billion through a private sale of 0. 00% Convertible Senior Notes due 2030, with a clear intent to use part of the cash to buy Bitcoin. The company’s board signed off on the decision the same day, and the stock shot up 11. 7% before market close, making GameStop […] source: https://www.cryptopolitan.com/gamestop-to-raise-1-3b-to-buy-bitcoin/