Gamestop (GME) closes the offer of convertible notes

Bitcoin purchases (BTC) of the Gamestop video games (GME) could be imminent or may have begun after the company closed its offer of $ 1.3 billion five -year convertible notes.

The $ 200 million Greenshoe option was completely exercised by the initial buyer, which raised the total amount of the sale to $ 1.5 billion. The net income to the company after the rates were $ 1.48 billion, according to a presentation on Monday after the closing of the US negotiation.

Together with its fourth -quarter profit report last week, Gamestop, led by its CEO Ryan Cohen, announced the complete approval of the Board of an update to the company’s investment policy to add Bitcoin to the GME general balance.

GME shares increased 1.35% during the regular session of Monday and increase another 0.8% in measures after hours. Bitcoin remains modestly higher in the last 24 hours to $ 84,900.



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