Rug Radio
Rug Radio
BTC-0.13%
GameStop has been struggling to make a decision about their Bitcoin purchase. It completed a $1.5B raise on April 1st and has been in discussion about allocating its $5B+ cash to Bitcoin since. Earlier this year, @ColeMacro from @StriveFunds submitted a formal proposal urging @gamestop to make the move. Read the full article on @DecryptMedia ⬇️
Rug Radio
Rug Radio
$1.3 Billion will be raised by @gamestop to purchase $BTC. They'll be raising the funds through private offerings of convertible senior notes. Put simply, convertible senior notes are a type of loan that can later be turned into company stock. Read the full article on @DecryptMedia ⬇️
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