Nano Labs Ltd has initiated a strategic pivot toward blockchain-native assets by announcing plans to sell $500 million in convertible notes earmarked for Binance Coin (BNB) treasury expansion. The company aims to acquire sufficient BNB to represent 5-10% of the… Read More »Nano Labs Targets 5-10% of BNB Supply Through $500M Convertible Note Offering
GameStop has significantly increased its private offering of convertible senior notes from $1.75 billion to $2.25 billion, aiming to bolster financial flexibility and support its ongoing business transformation. The company also revealed a strategic move into digital assets, disclosing the… Read More »GameStop Expands Convertible Note Offering to $2.25B, Adds Bitcoin to Treasury
GameStop has increased its private convertible note offering to $2.25 billion, up from an initial $1.75 billion, to fund additional Bitcoin acquisitions and support its cryptocurrency treasury strategy. The transaction is expected to close on June 17. The gaming retailer… Read More »GameStop Expands Bitcoin Treasury Strategy with $2.25 Billion Convertible Note Offering Amid Falling Revenues