Gamestop says it’ll raise USD1.3bn, a portion will be to buy Bitcoin

From GME’s announcement:

• GameStop expects to use the net proceeds from the offering for general corporate purposes, including the acquisition of Bitcoin in a manner consistent with GameStop’s Investment Policy.

This was flagged last week:

• GameStop to invest corporate cash in bitcoin

This article was written by Eamonn Sheridan at www.forexlive.com.