Here’s how memestock maven GameStop is tapping Coinbase and Bitcoin to boost revenue

Source: DL News

Here’s how memestock maven GameStop is tapping Coinbase and Bitcoin to boost revenue
GameStop pledged 4,709 Bitcoin of its 4,710 stack to Coinbase as part of an options trading strategy. The deal lets GameStop earn money now, but limits gains if Bitcoin surges past $105,000. Notably, Coinbase can use the Bitcoin however it wants.