Rewards Hub GameStop has transferred 4,710 BTC to Coinbase Prime, with 4,709 BTC pledged to Coinbase Credit Inc. for a covered call option strategy. The options have strike prices ranging from $105,000 to $110,000 and are set to expire in March 2026. Consequently, GameStop has removed these BTC from its balance sheet and recognized a digital asset receivable of $368.3 million as of January 2026, retaining only 1 BTC on its books.
The company reported a loss of $131.6 million on digital assets and related receivables, influenced by accounting treatments and BTC price fluctuations.
GameStop Stakes 4,709 BTC for Covered Call Strategy on Coinbase
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