GameStop hits reset with Bitcoin bet, but investors aren’t all in 🎮
GameStop has announced the issuance of $1.3 billion in convertible notes, a move aimed at funding a corporate Bitcoin treasury. This strategic decision draws parallels to MicroStrategy's widely-publicized venture into Bitcoin, highlighting an emerging trend among companies diversifying their portfolios with digital assets. However, the investment community remains divided about this bold move's potential outcomes.
Source: www.theblockcrypto.com ↗
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