GameStop files for $1.75 billion offering as bitcoin treasury takes hold 🎮
GameStop, the embattled video game retailer, has announced a $1.75 billion offering. The retailer disclosed that it currently holds 4,710 BTC after revising its investment policy earlier this year. This strategic move signifies GameStop's growing adoption of Bitcoin as a part of its treasury management.
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The Daily: GameStop sinks 25% on $1.75 billion raise tied to bitcoin play, Bessent sees US stablecoin market topping $2 trillion, and more
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