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GameStop’s convertible bonds, referred to as “Project Rocket” in an SEC filing.
These bonds were announced in March 2025, with GameStop raising $1.3 billion, and an additional option for $200 million, to fund general corporate purposes, including potential Bitcoin purchases. The “Project Rocket” name appeared in the filename of the bond indenture submitted to the SEC, sparking interest among investors and on platforms like X. The bonds are unsecured, carry no regular interest, and mature on April 1, 2030, with a conversion price of approximately $29.85 per share, representing a 37.5% premium over the stock’s weighted average price at the time.

Project Rocket

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ROCKET	USD
0.1	0.0…01808
1	0.00000001808
2	0.00000003617
5	0.00000009044
10	0.00000018089
20	0.00000036179
50	0.00000090448
100	0.00000180897
1000	0.00001808974

USD	ROCKET
0.1	5,527,993.98
1	55,279,939.84
2	110,559,879.67
5	276,399,699.19
10	552,799,398.37
20	1,105,598,796.74
50	2,763,996,991.86
100	5,527,993,983.72
1000	55,279,939,837.17

Project Rocket Converter

ROCKET to USD Price Chart

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ROCKET to USD Conversion Table

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