Gametop video game retailer (GME) Increased additional $ 450 million thanks to a higher ticket monitoring sale convertible to Coupon Zero, the company disclosed during a file on Tuesday at the SEC.
This came only one week after the initial private internship of $ 2.25 billion in the retailer, bringing the total fundraising to $ 2.7 billion in the offer, the company said.
The additional tickets were sold under an option of 13 days granted to the initial buyer, who fully exercised the so-called “Greenshoe” option. Tickets, due in 2032, can be converted into ordinary actions in class A of GameStop at a price of $ 28.91, representing a premium of 32.5% compared to the weighted average according to the volume of the action on June 12, the time of the initial offer.
Capital will be used for general companies and “make investments in a way of consistent with Gamestop’s investment policy”, which includes the acquisition of Bitcoin
as a Treasury reserve asset.
GAMESTOP is one of the growing executives of listed companies to continue a cryptographic cash. They increase capital by selling actions and emitting debts to add cryptocurrencies such as BTC to their assessments, reflecting the game of the strategy of Michael Saylor (MSTR). The company made its first Bitcoin acquisitions in May, purchasing 4,710 pieces for around $ 500 million following a convertible ticket offer of $ 1.3 billion.
GME shares are stable Wednesday morning in the United States.
