GameStop's filings with the SEC show that in January, the company did not sell any Bitcoin but instead pledged approximately 4,709 BTC to a CEX for a covered call strategy. The company realized an unrealized gain of $2.5 million and currently holds only 1 BTC.

GameStop disclosed that approximately 4,710 bitcoins were transferred to a certain CEX not for sale, but as collateral to participate in a covered call options strategy to earn premium income. This strategy means it no longer directly holds Bitcoin but records it as "accounts receivable" and bears counterparty risk. The financial report shows that the related accounts receivable are valued at about $368.3 million, with an unrealized loss of $59.7 million.

Gate News, on March 25, according to BitcoinTreasuries.NET monitoring, GameStop pledged 4709 of its 4710 held bitcoins as collateral to a certain CEX for a covered call option strategy.

Analyst Emmett Gallic revealed that GameStop purchased 4710 BTC in 2025 and pledged 4709 BTC in January as options collateral, resulting in confirmed accounts receivable of $368.3 million and generating a net loss of $131.6 million. Bitcoin's price has declined 25% since the pledge.

According to BlockBeats news on January 30, according to the Wall Street Journal, the CEO of GameStop (GME.N) is planning a major merger and acquisition, but refused to disclose specific potential acquisition targets, saying that the company is focusing on the consumer and retail sectors, and has listed a large listed company as a merger and acquisition target, aiming to boost the company's market capitalization to $100 billion.

ChainCatcher news, according to Jin10, at the opening of the US stock market, the Dow Jones Industrial Average opened flat, the S&P 500 index declined by 0.05%, and the Nasdaq Composite index fell by 0.18%. Alibaba (BABA.N) rose by 2.18%, Meta Platforms (META.O) dropped by 0.75%. It is reported that Meta has shifted to a closed-source model and used Tongyi Model to optimize the new AI model Avocado. GameStop (GME.N) fell by 6.1%, as its Q3 revenue did not meet expectations.

GameStop purchased $500 million worth of Bitcoin this spring, with a book value of approximately $519 million in the third quarter, experiencing fluctuations of a $19 million unrealized profit and a $9.4 million loss. Despite the decline in Bitcoin prices due to market volatility, other companies also purchased Bitcoin and faced financial pressures.

GameStop revealed in its Q3 financial report that as of the end of Q3 2025, it held $519.4 million worth of Bitcoin and $8.8 billion in cash and marketable securities. Net profit for the third quarter reached $77.1 million, and adjusted net income was $139.3 million, representing significant growth compared to last year.

Eric Trump announced that American Bitcoin Corp., the cryptocurrency mining company he co-founded, currently holds 4,367 bitcoins and is increasing its holdings. He predicts that the company will surpass GameStop, which holds 4,710 bitcoins.