The offering was initially set to raise at least $1.3 billion, but purchasers opted for an additional $200 million aggregate principal amount of notes, GameStop said in an April 1 filing with the ...

The board approved the plan on March 25. GameStop Confirms Bitcoin Plan with Fresh Cash The raise was originally set for $1.3 billion, but investor demand pushed it up by another $200 million.

Bitcoin (BTC) purchases from video game retailer GameStop (GME) could be imminent or may have already begun after the company closed on its offering of $1.3 billion of five-year convertible notes.

The raise was originally set for $1.3 billion, but investor demand pushed it up by another $200 million. According to the filing, GameStop intends to use proceeds “for general corporate purposes ...