GameStop（NYSE：GME）揭幕了计划提供13亿美元的可兑换高级票据的私人发行

GameStop Corp.（NYSE：GME）宣布宣布涉足比特币作为国库券资产资产的第二天，揭幕了计划的13亿美元私人私人销售可转换高级票据的计划。

GameStop Corp. (NYSE:GME) is planning to raise $1.3 billion via a private offering of convertible senior notes, the video game retailer announced on Wednesday.

视频游戏零售商周三宣布，GameStop Corp.（NYSE：GME）计划通过私人发行的可转换高级票据筹集13亿美元。

This comes a day after GameStop announced its inclusion of Bitcoin in its treasury reserve assets.

这是在Gamestop宣布将比特币纳入国库储备资产中的一天之后的一天。

The company intends to use the net proceeds “for general corporate purposes, including the acquisition of Bitcoin in a manner consistent with GameStop’s Investment Policy,” it said in a statement.

该公司在一份声明中说，本公司打算“用于一般公司目的，包括以与GameStop的投资政策一致的方式收购比特币”。

GameStop will also grant the initial purchasers an option to buy up to an additional $200 million in notes. These notes will be general unsecured obligations of GameStop, will not bear regular interest, and will mature on April 1, 2030, unless converted, redeemed, or repurchased earlier. Upon conversion, GameStop will have the option to pay or deliver cash, shares of its Class A common stock, or a combination thereof.

GameStop还将授予初始购买者的选择，以额外购买2亿美元的票据。这些笔记将是GameStop的一般无抵押义务，不承受定期的兴趣，除非更早地转换，赎回或回购，否则将于2030年4月1日成熟。转换后，GameStop可以选择支付或交付现金，其A类普通股或其组合。

The announcement of this debt offering comes closely after GameStop announced on Tuesday that its board had approved an update to its investment policy to include Bitcoin and U.S. dollar-denominated stablecoins as treasury reserve assets. The news sent GameStop shares up 16% on Wednesday, as investors reacted to the company’s move.

在GameStop周二宣布其董事会批准其投资政策的最新消息以包括比特币和以美元计价的Stablecoins作为国库券储备资产，宣布该债务发行的宣布紧密进行。随着投资者对公司的搬迁做出反应，该消息在周三向GameStop分享了16％。

However, the enthusiasm was dampened somewhat by the subsequent announcement of the $1.3 billion debt offering. In after-market trading on Wednesday, GameStop shares dropped by 8%, erasing a significant portion of the day’s earlier gains. Investors appear to be considering the implications of holding Bitcoin on the balance sheet versus taking on a substantial amount of debt.

但是，随后宣布耗资13亿美元的债务发行，这种热情在某种程度上受到了抑制。在周三的售后交易中，GameStop的股票下跌了8％，消除了当天早期的大部分收益。投资者似乎正在考虑在资产负债表上持有比特币的含义，而不是承担大量债务。

Convertible senior notes are debt securities that can be converted into equity (in this case, GameStop’s Class A common stock) at a later date, typically at the holder’s option. This type of financing has been notably employed by Strategy (formerly MicroStrategy), which has amassed a Bitcoin treasury valued at over $40 billion and has seen a strong correlation between its stock price and the price of Bitcoin.

可转换的高级票据是债务证券，可以在以后将其转换为股权（在这种情况下为GameStop的A类普通股），通常是按照持有人的选择。这种类型的融资已被战略（以前是MicroStrategy）采用，该战略积累了价值超过400亿美元的比特币国库，其股价与比特币价格之间存在很强的相关性。

GameStop’s move to raise a substantial sum through convertible debt to purchase Bitcoin closely follows Strategy’s approach. GameStop reported having $4.8 billion in cash during its fourth-quarter earnings on Tuesday, and this debt offering will significantly increase its financial resources for its new investment strategy.

GameStop通过可转换债务筹集大量款项以遵循策略的方法来筹集大量款项。 GameStop报告说，在周二的第四季度收益期间，其现金为48亿美元，这种债务发行将大大增加其新投资策略的财务资源。

GameStop stock closed at $28.36 on Wednesday, down 9.5% year to date.

GameStop股票周三收于28.36美元，迄今为止下跌了9.5％。