#gamestop2 articles

2 articles

CryptoNeutralCoinTelegraph · 45m ago6/10

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GameStop didn't sell its 4,710 Bitcoin after all, filing shows

GameStop revealed it didn't actually sell its 4,710 Bitcoin holdings worth $325 million, but instead pledged them as collateral on Coinbase as part of a covered-call options strategy. This clarifies earlier confusion about whether the gaming retailer had liquidated its cryptocurrency position.

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CryptoBearishCoinDesk · 4h ago6/10

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GameStop turned its $368 million bitcoin stash into an options income play

GameStop transferred nearly all of its $368 million bitcoin holdings to Coinbase Prime in January, sparking speculation that the video game retailer may be selling its cryptocurrency position. The move suggests GameStop is potentially converting its bitcoin stash into an options income strategy.

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