Bitcoin (BTC) purchases from video game retailer GameStop (GME) could be imminent or may have already begun after the company closed on its offering of $1.3 billion of five-year convertible notes. The $200 million greenshoe option was fully exercised by the initial purchaser,

GameStop (GME) has officially raised $1.5 billion to begin buying Bitcoin, putting it in direct conversation with the likes of Strategy (MSTR)

GameStop has raised $1.5 billion through its convertible debt offering, with the proceeds flagged for general corporate purposes, including buying Bitcoin.

After announcing a new strategy to invest in Bitcoin last week, video game retailer GameStop now has the money to make it happen. GameStop announced on Tuesday that it has raised $1.5 billion in a private offering of convertible notes,