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GameStop may have surrendered $31 million of Bitcoin upside with one options trade
Summary by CryptoSlate
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4 Articles
A document filed in September with the US regulators of the SEC reveals that GameStop has sold covered purchasing options (covered-calls) for 2,000 bitcoins, at an exercise price of $70,000 and with a maturity on September 25, 2026. With a BTC above $85,000, the addition could be very salty if GameStop did not react quickly to the recent BTC increases. The Bitcoin article: Is GameStop going to have to let run 2,000 BTC at $70,000 because of opti…
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