Gamestop wants to buy a bitcoin $ 450 million

The cryptocurrency market revived: Gamestop attracted $ 450 million through the release of convertible bonds. This money will probably go to buy bitcoins (BTC).

In addition to GameStop, companies like Metaplanet, H100 Group AB and Nano Labs are also striving to add bitcoin to their assets.

Gamestop and Metaplanet buy BTC

According to the SEC documents, with the latest issue of Gamestop bonds increased the total amount of funds raised to $ 2.7 billion. Bonds without interest, the repayment period of which occurs in 2032, can be converted into a price of 32.5% higher than the average for June 12.

According to Bitcointreasuries, GameStop owns about 4 710 BTC, occupying 14th place. The Japanese Metaplanet is on the 7th position with 12,345 BTC after a recent purchase of 1,234 BTC at an average price of $ 107,557.

“The super -cycle would not be a super -cycle without Gamestop,” said user X.

Bitcoin as the future of corporate treasury

In addition to Gamestop, Metaplanet and Procap, many public companies actively purchase and hold BTC.

  • The company Mega Matrix from the USA recently reported About buying 12 BTC.
  • H100 Group AB Increased their assets up to 200.21 BTC.
  • Sixty Six Capital Added 18.2 BTC and plans to attract more capital for further purchases.
  • Unitronix, which is engaged in the tokenization of real assets (RWA), plans Invest $ 2 million in bitcoin.
  • Nano Labs attracted 600 BTC through the release of $ 500 million.
  • Kaj Labs invested $ 160 million per bitcoin to support the infrastructure of artificial intelligence.

The activity of Strategy provoked a wave of investment in Bitcoin among other companies. According to Bitcointreasuries, Strategy now owns the largest amount of BTC – 592 345 BTC. Behind it is Mara Holdings with 49 678 BTC. The participation of these leading companies shows that such a strategy can increase the cost for shareholders.

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Source: Cryptocurrency

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