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GameStop Plans $1.3 Billion Fundraise to Expand Bitcoin Holdings

  • GameStop plans to raise up to $1.3 billion through a private offering to expand its Bitcoin holdings.
  • The funds raised will be used for general corporate purposes, including purchasing more Bitcoin.
  • This move aligns GameStop with the growing trend of companies integrating Bitcoin into their treasury reserves.
  • Speculation has arisen regarding whether more corporations will follow suit and adopt Bitcoin as a corporate asset.

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