GameStop SEC Filing Highlights Coinbase Custody Liquidation Risk For Bitcoin Holdings
GameStop’s Form 10-Q includes digital asset custody risk disclosures.
NewsBTC•NewsBTC Editorial Team14 JunGameStop — page 2
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GameStop caps Bitcoin upside again as Coinbase deal rolls over
GameStop has extended a Bitcoin options deal with Coinbase after the previous contracts expired worthless, preserving $5.8 million in premium income and resetting the strike at $80,000. According to the company’s quarterly filing submitted to the U.S. Securities and Exchange…
GameStop Renews Bitcoin Deal That Did Little for Its Record Quarter
The retailer rolled its Coinbase options deal forward in late May, keeping nearly all its Bitcoin tied up for upfront cash.
GameStop’s 10-Q says Coinbase can liquidate its BTC
Gamestop has re-pledged its bitcoin (BTC) with Coinbase who has full rights to rehypthecate and commingle its $300 million worth of coins.
Protos•Aaron Wise11 Jun