GameStop Pledges Nearly All Bitcoin Holdings to Coinbase, Caps Upside at $105K

GameStop made headlines when it announced it was buying Bitcoin. What received far less attention, however, was how the company structured its position soon after the purchase. According to its latest annual report, GameStop pledged 4,709 of its 4,710 Bitcoin, essentially its entire holding, to Coinbase as collateral for an options trading strategy. The company […] Read The Full Article GameStop Pledges Nearly All Bitcoin Holdings to Coinbase, Caps Upside at $105K On Coin Edition.