GameStop makes $55.5B offer to buy eBay in surprise takeover bid
In recent developments, gameStop proposes a $55.5 billion cash-and-stock takeover of eBay, disclosing a 5% stake and says CEO Ryan Cohen would lead the combined company. Looking closer, market participants…
Why GameStop Put $315 Million in Bitcoin Into a Covered Call Options Strategy
In recent developments, gameStop has pledged nearly all of its Bitcoin to a covered call strategy on Coinbase Prime to generate some yield. The development has drawn attention from traders…
GameStop moves entire Bitcoin stash, signaling potential sale: CryptoQuant
In recent developments, a full sale at current prices would imply about a $76 million loss on GameStop’s Bitcoin bet, having purchased its 4,710 Bitcoin at an average purchasing price…
Blockchain Sleuth Spots Gamestop Shifting 100 Bitcoin to Coinbase Prime
In recent developments, according to onchain analyst Sani, Gamestop—the specialty retailer known for video games, consumer electronics, and gaming merch—moved 100 BTC, valued at roughly $9.5 million, over to Coinbase…
