Gamestop raises $1.3 billion for strategic investments

In a surprising move, GameStop – the well-known video game retailer famous for the Reddit stock phenomenon has just announced that it has raised $1.3 billion through the issuance of zero-coupon convertible bonds, which will mature in April 2030. However, the noteworthy part is not the amount of money, but rather the plan for using this money: part of it will be used to buy Bitcoin as the company's reserve asset, following a strategy similar to the one that Strategy has applied.

Source: GameStopThis announcement comes right after GameStop adjusted its investment policy, allowing the company to hold Bitcoin and stablecoins pegged to the US dollar. The company has clearly stated that the funds raised will be used for "general corporate purposes," with purchasing Bitcoin being the primary objective. This is a significant strategic move that could mark the beginning of a major financial revolution for GameStop.

A move to connect Wall Street and the crypto world

This issuance includes non-interest bearing convertible bonds, meaning they do not impose traditional financial burdens on the company. As these bonds can be converted into Class A shares, GameStop has flexibility in managing the conversion of obligations. The company also allows initial investors to purchase an additional $200 million in bonds within 13 days of the initial issuance.

This is not a new move in the crypto world and the company. MicroStrategy ( has now rebranded to Strategy”) has implemented similar strategies, helping the company accumulate over 200,000 Bitcoin. The company's CEO, Michael Saylor, is a strong advocate for using Bitcoin as a superior store of value compared to the dollar, especially in the context of inflation and the devaluation of global currencies.

Could this create a wave of acceptance crypto from companies?

The interest of organizations in Bitcoin is increasing day by day, and GameStop could become the first major retailer in the U.S. to join this trend in 2025. This sends a strong positive signal to the market: not only are tech companies exploring, but traditional companies are now also seeking cryptocurrency as a new way to generate profits.

The move helps GameStop become a bridge between traditional retail and the decentralized world, bringing new energy to the cryptocurrency ecosystem after months of oscillating in a sideways state, which may be preparing to enter a new growth cycle thanks to adoption from companies.

Disclaimer:*** The article is for informational purposes only, not investment advice. Investors should research carefully before making a decision. We are not responsible for your investment decisions

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Dinh Dinh

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