GAMESTOP (GME), the Embated Video Game Dealer turned MEME ALTO, announced on Wednesday a $ 1.75 billion convertible senior note offers.

Revenue will be used at least partially to “make investments in a way that is in accordance with Gamestop’s investment policy,” per. Business Press Message. The said investment policy is to add Bitcoin as a state reserve asset, according to a March release from the company.

Today’s offer, which is only open to qualified institutional buyers, includes an opportunity for buyers to buy an additional $ 250 million in notes within two weeks of the initial issue. The notes have no regular interest and mature in June 2032, unless they are converted or repurchased earlier.

Following the march message about the Bitcoin Treasury strategy, Gamestop raised $ 1.3 billion through another convertible note offering. The company then bought 4,710 Bitcoin for approx. $ 500 million during May.

GME shares were lower by 10% in trading after hours.