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- 🎉 A Warm Welcome to Dr.Han on Gate Square!
Dr.Han — Founder of Gate and a seasoned crypto industry observer — is now officially sharing insights on Gate Square!
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👉 Post: https://www.gate.com/post/status/11966645
👉 Profile: https://www.gate.com/profile/Dr_Han
🎁 Giveaway Alert:
We’ll randomly select 10 lucky users from those who follow + like/comment to receive a limited-edition Gate T-shirt — the same style worn by Dr.Han!
(If shipping is unavailable in your region, a $50 Futures Voucher will be provided instead.)
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- 🔥 Gate Square #Gate Alpha Third Points Carnival# Trading Sharing Event is Live!
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Learn more: https://www.gate.com/announcements/article/45908
- 🎉 Gate xStocks Trading is Now Live! Spot, Futures, and Alpha Zone – All Open!
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🎁 5 top Square creators * $100 Futures Voucher
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1️⃣ Follow Gate_Square
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📅 July 3, 7:00 – July 9,
- #GateSquareGiveaway# - Spot the Differences 👀
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🔹Follow Gate_Square
🔹Like this post and drop your answer in the comments
📅 Ends at 16:00 PM, July 7 (UTC)
GameStop, one of the most talked-about companies in the USA, has made another move to purchase a large amount of Bitcoin!
GameStop dealer announced in a notification dated Tuesday to the SEC that it raised an additional $450 million through the extra sale of zero-coupon convertible senior bonds, (GME).
This final step came after the $2.25 billion private bond issuance conducted last week, resulting in a total capital increase of $2.7 billion.
Additional bonds were sold through the full exercise of a 13-day "greenshoe" option granted to the initial investor. These bonds, maturing in 2032, can be converted into GameStop Class A common shares at a price of $28.91 per share. This price represents a 32.5% premium over the volume-weighted average of the shares during the initial offering on June 12.
GameStop stated that it will use the capital raised for general corporate purposes and in line with the company's investment policy. Under this policy, investing in digital assets such as Bitcoin (BTC) as a treasury reserve is also included.
The company has adopted a path similar to the cryptocurrency strategy pursued by Strategy led by Michael Saylor, joining the ranks of publicly traded companies that hold cryptocurrency reserves. GameStop implemented this strategy by purchasing 4,710 Bitcoins for approximately $500 million following its $1.3 billion bond issuance in May.
*This is not investment advice.
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