Why GameStop Put $315 Million in Bitcoin Into a Covered Call Options Strategy
In briefGameStop pledged 4,709 BTC BTC to a covered-call strategy on Coinbase Prime, giving the exchange the right to rehypothecate or sell the coins.The move reclassifies the holdings from an inta...
Source: cryptonews.net
In briefGameStop pledged 4,709 BTC BTC to a covered-call strategy on Coinbase Prime, giving the exchange the right to rehypothecate or sell the coins.The move reclassifies the holdings from an intangible asset to a receivable, changing how gains and ...
