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

GameStop has revealed that it pledged nearly all of its Bitcoin, worth $325 million, as collateral on Coinbase as part of a covered-call strategy. GameStop has revealed that it pledged nearly all of its Bitcoin, worth $325 million, as collateral on Coinbase as part of a covered-call strategy.

Key takeaways

Quick scan — what you need to know:

• GameStop has revealed that it pledged nearly all of its Bitcoin, worth $325 million, as collateral on Coinbase as part of a covered-call strategy.
• GameStop has revealed that it pledged nearly all of its Bitcoin, worth $325 million, as collateral on Coinbase as part of a
• covered-call strategy. GameStop has revealed that it pledged nearly all of its Bitcoin, worth $325 million, as collateral on
• Coinbase as part of a covered-call strategy.

Background

What led here, in plain terms:

• ts Bitcoin, worth $325 million, as collateral on Coinbase as part of a covered-call strategy.
• Full context often emerges as officials, markets, or courts add updates.

Why it matters

Why readers and decision-makers should care:

• GameStop has revealed that it pledged nearly all of its Bitcoin, worth $325 million, as collateral on Coinbase as part of a covered-call strategy.
• GameStop has revealed that it pledged nearly all of its Bitcoin, worth $325 million, as collateral on Coinbase as part of a
• covered-call strategy. GameStop has revealed that it pledged nearly all of its Bitcoin, worth $325 million, as collateral on