Gamestop contemplates raising other USD $ 450 million to invest in Bitcoin

The video game company will issue more interest -free bonds, and capital will use it to deepen its accumulation strategy BTC, following the path of other renowned institutional participants.

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• The retail company Gamestop Sells more interestless convertible bonds, to raise USD $ 450 million.
  
• Capital will be used in part to acquire BTC as reserve assets.
  
• The strategy follows the Michael Saylor model and Strategy.

Gamestop, known for its transformation as a video game retailer to the phenomenon symbol “Memestock”, He has expanded his foray into the crypto ecosystem by issuing USD $ 450 million in interest -free convertible bonds, which will use, in part, to acquire more Bitcoin.

This additional sale occurs just a week after having raised USD $ 2,250 million through a private sale of shares, according to the company in a presentation before the Sec.

A financial bet with crypto flavor

The recent debt issuance corresponds to the full exercise of a 13 -day over -assignment option (known as “Greensho”), granted to the initial buyer. Bonds have expiration in 2032 and can become common actions class A Gamestop at a price of USD $ 28.91 per unit. This value represents a 32.5% premium on the average price weighted by volume of the action as of June 12, date of the original offer.

Gamestop indicated that This capital is part of its broader investment strategy, which includes the purchase of Bitcoin (BTC), In line with the policy adopted in recent months.

In May, the company had already made its first major crypto acquisition by buying 4.710 BTC, valued at that time at approximately USD $ 500 million, after an earlier issuance of bonds convertible per USD $ 1.3 billion.

The model Strategy inspires new actors

With this play, Gamestop It adds to the growing number of companies that adopt a cryptoactive -based treasury strategy. This approach was popularized by Michael Saylor, president of Strategy, whose company has already accumulated almost 600,000 BTC as part of your reserve policy.

The objective of these strategies is to protect the cash value against inflation and explore the long -term revaluation of BTC, perceived by some as “Digital gold.”

Unlike individual purchases made by executives or departments of innovation, Gamestop It has institutionalized its approach, using traditional financial mechanisms – as the sale of convertible bonds – to fully enter the crypto market.

Strategic positioning in the midst of volatility

While the prices of the actions of Gamestop They remain stable in Wednesday’s morning operations in the US, the news underlines the evolution of the company from its rescue driven by retail investors towards a more sophisticated corporate model.

This step can be considered an effort to consolidate its capitalization and position itself as a hybrid company: half a retail, half institutional investment with exposure to cryptoactive.

The Sec It has not yet ruled on this particular strategy, although it is expected that, as in the case of Strategy, There are no regulatory impediments if appropriate dissemination rules are met.

The story of Gamestop It seems to continue writing at the rate of financial innovation, combining elements of the traditional world of Wall Street with the decentralized philosophy of the blockchain universe.

Article written by a content editor. Edited by Angel Di Matteo / Diariobitcoin

Original image of Diariobitcoin, created with artificial intelligence, freely used, licensed under public domain

WARNING: Diariobitcoin offers informative and educational content on various topics, including cryptocurrencies, AI, technology and regulations. We do not provide financial advice. Cryptactive investments are high risk and may not be adequate for all. Investigate, consult an expert and verify the applicable legislation before investing. I could lose all its capital.

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