About Project Rocket
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.
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Trading Insights
Market Stats
Market Cap
S$11.05K
FDV
S$11.05K
Circ. Supply
421B ROCKET
Max Supply
421B ROCKET
Total Supply
421B ROCKET
Diluted Valuation
S$11.05K
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
S$131.34
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
S$0.00000002627
Price Change (1Y)
Not enough data
95.88%
Additional details
Market details
ROCKET vs markets
↘ 95.15%
ROCKET vs BTC
↘ 94.93%
ROCKET vs ETH
↘ 96.41%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xe6d07E1a7C9f8F9826aa82E6Faf7feab698DD4FE |
Price history
Time | Price | Change |
|---|---|---|
Today | S$0.00000002628 | |
1 Day | S$0.00000002621 | |
1 Week | S$0.0000000353 | |
1 Month | S$0.00000003007 | |
1 Year | S$0.00 |
FAQ
Earn up to $2,000 when you buy $50 in crypto
Earn free crypto after making your first purchase.
Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Project Rocket calculator
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
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