Latest / SpendNode Podcast: Crypto News & Analysis
GameStop Did Not Sell Its Bitcoin. It Wrote Covered Calls on All 4,709 BTC.
GameStop pledged 4,709 BTC to Coinbase as collateral for covered-call options, booking a $131.6M loss. SEC filing reveals the full strategy. Read the full article: https://www.spendnode.io/blog/gamestop-didnt-sell-bitcoin-368-million-coinbase-collateral-covered-call-options-4709-btc/
The skinny
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