<ul><li>GameStop, the video game retailer known for the meme stock phenomenon, has secured a $1.5 billion private offering of convertible senior notes.</li><li>The firm plans to allocate a portion of the proceeds for the acquisition of Bitcoin.</li><li>The notes, which carry a 0.00% interest rate and mature in 2030, allow holders to convert their debt into GameStop's Class A common stock under certain conditions.</li><li>GameStop's stock price dropped over 20% after the Bitcoin investment announcement, as investors express concerns about its impact on the struggling retail business.</li></ul>

GameStop Secures $1.5 Billion Debt Offering, Eyes Bitcoin Investment

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