GameStop has pledged nearly all of its bitcoin to a covered-call options strategy on Coinbase Prime to generate yield. The move marks another example of a public company using its BTC holdings for financial engineering rather than holding as a reserve asset. https://decrypt.co/362632/why-gamestop-bitcoin-covered-call-strategy #Blockchain #Crypto #GameStop
Why GameStop Put $315 Million in Bitcoin Into a Covered Call Options Strategy

GameStop has pledged nearly all of its Bitcoin to a covered call strategy on Coinbase Prime to generate some yield.

Decrypt