{"id":102297,"date":"2026-06-12T18:18:03","date_gmt":"2026-06-12T18:18:03","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=102297"},"modified":"2026-06-12T18:18:03","modified_gmt":"2026-06-12T18:18:03","slug":"gamestop-didnt-make-money-with-its-bitcoin-bet-but-it-will-try-again-this-quarter","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=102297","title":{"rendered":"GameStop Didn&#8217;t Make Money With Its Bitcoin Bet\u2014But It Will Try Again This Quarter"},"content":{"rendered":"<div>\n<p><strong>GameStop Corp. <\/strong><a class=\"ticker-link\" data-ticker=\"GME\" data-exchange=\"NYSE\" href=\"https:\/\/www.benzinga.com\/quote\/GME\" target=\"_blank\" rel=\"noopener\">(NYSE:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/GME\">GME<\/a>) has renewed a<strong> Bitcoin <\/strong><a class=\"ticker-link\" data-ticker=\"BTC\" data-exchange=\"CRYPTO\" href=\"https:\/\/www.benzinga.com\/quote\/BTC-USD\" target=\"_blank\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) options arrangement with <strong>Coinbase<\/strong> <a class=\"ticker-link\" data-ticker=\"COIN\" data-exchange=\"NASDAQ\" href=\"https:\/\/www.benzinga.com\/quote\/COIN\" target=\"_blank\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/COIN\">COIN<\/a>) after the first set of contracts expired worthless, extending a strategy that generated modest income but contributed little to the retailer\u2019s record quarterly profit.<\/p>\n<h2 class=\"wp-block-heading\"><strong>What Happened<\/strong><\/h2>\n<p>GameStop rolled over covered call contracts tied to nearly all of its Bitcoin holdings after the previous batch expired on May 29, based on its latest quarterly <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1326380\/000132638026000025\/gme-20260502.htm\">filing<\/a>.<\/p>\n<p>The arrangement allows Coinbase to potentially acquire the Bitcoin at a predetermined price if the cryptocurrency rises above the strike &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/06\/53175635\/gamestop-didnt-make-money-with-its-bitcoin-bet-but-it-will-try-again-this-quarter?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"GameStop\" didn make money with its bitcoin bet it will try again this quarter>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>GameStop Corp. (NYSE:GME) has renewed a Bitcoin (CRYPTO: BTC) options arrangement with Coinbase (NASDAQ:COIN) after the first set of contracts expired worthless, extending a strategy that generated modest income but contributed little to the retailer\u2019s record quarterly profit. What Happened GameStop rolled over covered call contracts tied to nearly all of its Bitcoin holdings after [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-102297","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/102297","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=102297"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/102297\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=102297"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=102297"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=102297"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}