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Coin Telegraph
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GameStop finishes $1.5B raise to add Bitcoin to its balance sheet
- GameStop has finished a convertible debt offering, raising $1.5 billion.
- Proceeds from the offering will be used for general corporate purposes, including acquiring Bitcoin.
- The convertible notes can be converted into equity and are scheduled to mature on April 1, 2030.
- GameStop's stock price did not see a significant move following the close of the debt offering.
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