INSUBCONTINENT EXCLUSIVE:
extending its debt financing strategy that could fund additional Bitcoin purchases.GME had already slid 5.34% to $28.55 during normal
price on June 11, including after-hours
state that the proceeds would be used to fund additional Bitcoin purchases, but said it intends to make investments in a manner consistent
currently positions it as the 13th largest corporate Bitcoin holder, according to BitcoinTreasuries.NET data.Top 13 public companies by
Source: BitcoinTreasuries.NETThe $1.75 billion private offering carries a 0% interest rate, with the convertible senior notes due on June
decision.GameStop fell earlier on Q1 resultsThe latest offering comes as GameStop reported a $44.8 million profit in the first quarter,
considerable fall in after-hours on June 10.GME shares have been down since first Bitcoin purchaseAccording to Google Finance, GME shares
have fallen 18.5% since GameStop confirmed its first Bitcoin purchase on May 28.When factoring in the 11.7% fall in after-hours, GameStop
most public companies that have seen their share prices rise after announcing Bitcoin purchases or plans to do so.Magazine: Older investors
are risking everything for a crypto-funded retirement
