GameStop Plans $1.75B Raise for Bitcoin Investments

• Lyla Velez
• June 12, 2025
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GameStop Corp. has indicated plans to raise $1.75 billion through convertible senior notes to potentially increase Bitcoin reserves, as reported. This aligns with the company’s investment policy, creating ripples in the financial landscape.

GameStop’s decision may significantly alter its financial stance and asset allocation, drawing parallels with similar moves by companies like MicroStrategy. The announcement already marked a decline in GameStop stock.

GameStop aims to raise $1.75 billion via convertible senior notes due in 2032, aligning with its recent treasury strategy changes. The company stated funds are for “general corporate purposes, including making investments”, indicating a Bitcoin purchase.

The proceeds will be used for general corporate purposes, including making investments consistent with GameStop’s Investment Policy and potential acquisitions. – Source: CoinDesk

GameStop plans emphasize acquiring Bitcoin as a treasury asset, following policy amendments in March 2025. No direct quotes from current executives detail this offering, yet the goal aligns with past strategies.

The company’s move impacted GME stocks, causing a significant price drop of over 10% post-announcement. Bitcoin is directly involved as a designated treasury asset, but no other cryptocurrencies are currently impacted.

The implications of GameStop’s decision include potential market volatility akin to previous cases like MicroStrategy’s Bitcoin purchases. Such actions often create financial waves affecting involved stocks and increasing Bitcoin’s perceived value.

GameStop’s strategy involves raising significant capital, potentially shifting corporate treasury norms. The firm’s prior $513 million spent on 4,710 BTC showcases a continuing commitment to Bitcoin, with potential outcomes including heightened stock fluctuations.