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According to ChainCatcher news and Bitcoin Magazine, GameStop's Bitcoin investment plan is named "Project Rocket."
According to previous news, GameStop (GME) has completed the issuance of $1.3 billion in five-year convertible bonds and may soon begin or has already begun purchasing Bitcoin. According to documents disclosed after the close of the U.S. stock market on Monday, the underwriters fully exercised their $200 million overallotment option, bringing the total issuance amount to $1.5 billion. After deducting expenses, the company's net fundraising amount is $1.48 billion.