From GME's announcement:
- GameStop expects to use the net proceeds from the offering for general corporate purposes, including the acquisition of Bitcoin in a manner consistent with GameStop’s Investment Policy.
This was flagged last week:
Gamestop says it'll raise USD1.3bn, a portion will be to buy Bitcoin
- GameStop intends to offer $1.3 billion aggregate principal amount of 0.00% Convertible Senior Notes due 2030
