GameStop Corp. announced plans to raise $1.3 billion through a private offering of convertible senior notes, with proceeds intended for general corporate purposes, including the acquisition of Bitcoin.
GameStop’s Bitcoin move left many scratching their heads. But behind the confusion is a clear, calculated strategy that more CFOs should be watching closely.
For years, Congressman Ro Khanna (D-CA) has been one of the few Democratic politicians in the U.S. government who's been a vocal proponent of Bitcoin, but now he says that more Democratic elected officials as well as prominent voices in the party are coming to support his stance.
Join Bitcoin Policy Institute's Zack Shapiro and Bitcoin Magazine's Frank Corva for a deep dive into state-level Strategic Bitcoin Reserves—exploring the why, how, and when of Bitcoin legislation, following Zack's recent remarks at "Bitcoin for America" in D.C.