GameStop didn't sell its 4,710 Bitcoin after all, filing shows
By Bullbit Editorial · March 27, 2026
WhatGameStop has filed a document revealing it did not sell its 4,710 Bitcoin stash as previously reported.
WhyThe filing indicates that GameStop instead used the Bitcoin as collateral for a covered-call strategy.
SignalThis development suggests that GameStop is taking a more conservative approach to its cryptocurrency holdings.
WatchThe market's reaction to GameStop's use of Bitcoin as collateral will be closely watched, particularly in the context of the current market volatility.
RiskGameStop's decision to use Bitcoin as collateral increases its exposure to potential market fluctuations.