Featured on May 28th, 2025

Project Rocket

The bonds are unsecured, carry no regular interest

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GameStop’s convertible bonds, referred to as “Project Rocket” in an SEC filing.
These bonds were announced in March 2025, with GameStop raising $1.3 billion, and an additional option for $200 million, to fund general corporate purposes, including potential Bitcoin purchases. The “Project Rocket” name appeared in the filename of the bond indenture submitted to the SEC, sparking interest among investors and on platforms like X

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