Gamestop increases the submission of convertible notes to $ 2.25 billion – how can BTC benefit? star-news.press/wp

Evolution journalist

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Evolution journalist

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About the author

Amin Ayan is a coding journalist with more than four years of experience in this industry. He contributed to leading publications such as Cryptonews, Investing.com, 99Bitcoins and 24/7 Wall St.

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June 14, 2025

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Gamestop increased its convertible memoirs to $ 2.25 billion, an increase of $ 1.75 billion, announced earlier this week, according to Thursday. Evening press release.

The move comes a few months after a similar increase of $ 1.5 billion in April and tracking the company’s last income to Bitcoin.

Texas -based retail shares decreased by 24 % over the past week, closed on Friday at $ 22.14, despite their stability after the announcement.

Gamestop Zero-Coupon notes with 32.5 % conversion installment

The notes, which do not have any interest, hold the transfer price of about $ 28.91 per share – by 32.5 % on the average share on Thursday afternoon.

It reflects the strategic structure used by Microstrategy, which has used distinctive notes to expand Bitcoin without immediate relief.

Gamestop revealed for the first time that it had bought 4,710 Bitcoin in March, prompting the stock over $ 28 at the time. Whether the company is planning to expand its encryption reserves is still unconfirmed.

The CEO of Ryan Cohen explained that Gamestop will not mimic other companies or indicate the purchase patterns. In a recent interview with him, he refused to determine whether more BTC purchases were planned.

The press statement remained open options, noting that revenues will be used for “public companies”, including investments that are in line with the Gamestop and “possible acquisitions” investment policy.

While mysterious, the language leaves the door open for more digital asset moves.

Previous Crypto projects were mixed from Gamestop. The company launched the NFT market during the last market tournament, but closed it early last year.

At its annual shareholder meeting, Cohen focused on trading cards – now constitutes approximately 30 % of the quarterly revenues.

“We are focusing on trading cards as a natural extension of our current business,” he said.

With the presence of capital in the hand and encryption already on its books, Gamestop can reconsider Bitcoin when the market conditions are in line with.

223 companies carry Bitcoin

An increasing list of companies that build bitcoin, such as a public budget or strategic investment. Modern data shows that 223 public companies carry Bitcoin, up from only 124 days.

In total, more than 819000 BTC, about 3.9 % of the total offer, is currently kept by public companies, according to Bitcointreasuries.net.

Microstrategy is still the largest bitcoin holder, valued at 580,250 BTC about $ 60.9 billion.

Among the other major Major Digital Holdings and Tesla, both of them are more than a billion dollars in Bitcoin.

Last week, the Japanese investment company metaplanet unveiled a new ambitious goal to raise 210,000 Bitcoin by the end of 2027.

As it was mentioned, digital asset asset companies flood the capital markets to raise money for bitcoin acquisitions on a large scale, driven by the currency currency to $ 111,965 last week.

The increase, which increased more than 50 % of early April, ignited a wave of lists and integration as companies are advancing to secure financing while the investor’s appetite is still strong.