🔥 Gate Post Ambassador Exclusive Posting Reward Task Round 4 Is Live!
Not yet a Gate Post Ambassador? Apply now 👉 https://www.gate.com/questionnaire/4937
Join the Ambassador Task and post daily from June 9 to June 15, get your posts rated, and share a $300 prize pool based on your ratings!
🎁 Reward Details:
S-Level Weekly Ranking Reward
Post every day for 7 days with an overall quality score above 90 to qualify for S-Level.
2 outstanding ambassadors will each receive a $50 trading fee rebate voucher.
A/B-Level Tiered Rewards
Based on the number of posts and their quality, ambassadors will
GameStop Raises Rp28 Trillion to Increase Bitcoin Holdings
GameStop (GME) announced plans to issue debt securities of US$1.75 billion or around Rp28 trillion. The company said that the funds will be used for general corporate purposes, including investments in accordance with their official policies. One form of investment is the purchase of digital assets such as Bitcoin (BTC).
"GameStop will allocate funds for investments that align with the company's investment policy," said the company's official statement on Wednesday (11/06) local time.
Furthermore, this bond does not provide periodic interest and matures in 2032, unless converted, redeemed, or repurchased earlier. GameStop has the right to pay in the form of cash, common stock, or a combination of both when conversion occurs.
In addition, the company gives early buyers the option to increase their purchase of bonds by up to US$250 million within 13 days after the issuance.