GameStop incurs a net loss of $131.6 million after pledging 4,709 BTC

MarsBitNews · 2026-03-25T03:39:39+00:00

Analyst Emmett Gallic pointed out that GameStop will invest $500 million in 2025 to purchase 4,710 Bitcoin and has already pledged 4,709 of them to Coinbase Credit as collateral. This has resulted in confirmed accounts receivable incurring a net loss of $131.6 million, and the price of Bitcoin has fallen approximately 25% since the pledge.

MarsBitNews

2026-03-25 03:39:39

Abstract generation in progress

Mars Finance reports that analyst Emmett Gallic posted on X platform that GameStop plans to spend $500 million to purchase 4,710 BTC in 2025. In January this year, GameStop pledged 4,709 BTC to Coinbase Credit as collateral for covered call options, terminating the recognition of this portion of BTC and recording $368.3 million in accounts receivable, with a net loss of $131.6 million. Since the pledge, Bitcoin’s price has fallen approximately 25%.

BTC1,27%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.