GameStop announced a massive expansion plan to acquire online marketplace eBay for $55.5 billion, drawing attention to whether it will sell its corporate-held Bitcoin ($368 million). According to CoinDesk, GameStop plans to finance the acquisition with $9.4 billion in cash and liquid assets and up to an additional $20 billion in fundraising. The media explained, "This deal will determine whether the company will keep its Bitcoin holdings as a long-term corporate asset or use them as a means of funding business expansion." GameStop did not respond to a request for comment on its Bitcoin holding plans. Previously, GameStop CEO Ryan Cohen stated that he was planning to acquire a consumer goods listed company, saying, "The new plan is much more attractive than Bitcoin."
