Speculation among hobbyists of a potential acquisition began to spread Wednesday, when GameStop announced plans to raise debt through a private offering of $1.75 billion in convertible senior notes.

Nat Turner, CEO of Collectors, denies rumors of GameStop acquiring PSA. The sports card community can rest easy, for now.

PSA denied the potential acquisition earlier this year. GME Price Action: GameStop stock is up 0.91% to $22.76 versus a 52-week trading range of $18.73 to $35.81.

GameStop has expanded its partnership with PSA to create a new digital trading card platform. The “Power Packs” beta program launches Tuesday, with a general launch planned at a later date.