No Bitcoin Sell-Off At GameStop, 4,710 BTC Still On Books

Mar 28, 2026

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Onchain Analysts Sounded The Alarm In January

GameStop sold covered-call contracts with strike prices between $105,000 and $110,000, set to expire this Friday. Under that setup, the company collects premiums upfront and keeps the Bitcoin if buyers walk away without exercising the options. Some January contracts already expired unexercised.

Why The Coins No Longer Appear As Directly Held GameStop Entered Bitcoin After Cohen Met With Saylor

The SEC filing closes the chapter on what many read as an impending exit. GameStop holds its Bitcoin. It is losing money on paper. And it is now using the position to generate income while it waits.

Featured image from Shutterstock, chart from TradingView

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