according to documents filed with the U.S. Securities and Exchange Commission (SEC), electronic game retailer GameStop (GME) announced on Tuesday that it will once again raise $450 million through a subsequent issuance of zero-coupon convertible preferred notes.This additional issuance comes just one week after its initial $2.25 billion private placement, bringing the total amount raised in this round to $2.7 billion. The company stated that this issuance was based on the exercise of the 13-day option granted to the initial purchasers, who fully exercised the so-called "greenshoe option." These notes, due in 2032, can be converted into GameStop Class A common stock at a price of $28.91 per share, representing a 32.5% premium over the volume-weighted average stock price at the time of the initial issuance on June 12.The funds raised will be used for general corporate purposes and "investments that meet the investment policy," including allocating Bitcoin (BTC) as a treasury reserve asset. GameStop is one of the growing number of publicly traded companies adopting a strategy of holding cryptocurrency reserves, raising funds through stock offerings and bond issuances to allocate assets such as BTC, a strategy similar to Michael Saylor's MicroStrategy (MSTR). After completing a $1.3 billion convertible bond offering in May of this year, the company initially spent around $500 million to purchase 4,710 bitcoins.