GAMESTOP (GME) has priced its previously announced private offer of $ 1.3 billion in convertible senior notes, seting the stage for the company’s foray to have Bitcoin (BTC) on its balance.

The zero coupon notes that are due in 2030 will initially convert to a rate of 33,4970 shares per year. $ 1,000, which represents an initial conversion price of approx. $ 29.85 per Stock.

Gamestop (GME) closed at $ 22.09 at the end of Thursday’s trading day in New York, where Bitcoin banknotes on an approx. 35% prize over its latest closure course.

Since I announced his BTC bonding strategy, GME’s stock is down – over 22% in the race

Should sales be successful and hit its goals, GME would be the fourth largest business owner of BTC, behind the mines behind Riot Platforms (Riot) and in front of Tesla (TSLA).