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Gamestop Bitcoin Strategy: Company Used BTC Holdings for Covered Calls, SEC Filing Shows

By bitcoin.com
Mar 27, 2026
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Gamestop Fiscal 2025 Annual Report
Screenshot of Gamestop’s Form 10-K.
FAQ Did Gamestop sell its Bitcoin? No — Gamestop pledged 4,709 BTC as collateral for a covered-call options strategy and retained economic exposure to the asset. How much did Gamestop lose on bitcoin in fiscal 2025? The company recorded a $131.6 million loss on digital assets and related receivables for the fiscal year ended January 31, 2026. Why did Gamestop’s bitcoin disappear from its balance sheet? Because Coinbase Credit holds rehypothecation rights over the collateral, Gamestop was required under U.S. GAAP to derecognize the BTC and record a digital assets receivable instead. What are the strike prices on Gamestop’s bitcoin covered calls? The contracts carried strike prices between $105,000 and $110,000 per BTC with maturities through March 27, 2026.
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

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