GameStop Confirms It Still Holds 4,710 BTC Worth Roughly $368M

GameStop Tuesday 10-K filing to the SEC confirmed the company still holds 4,710 BTC worth approximately $368 million, ending two months of speculation triggered by an onchain transfer that looked like a crypto sale but was actually the setup for a covered-call income strategy. Key Takeaways: Position confirmed: GameStop holds 4,709 BTC pledged as collateral on Coinbase Prime plus one BTC held directly, totaling 4,710 BTC — no sale occurred. Covered-call mechanics: The company sold short-dated call option ...