GameStop将3.68亿美元比特币转为期权收益策略
Odaily星球日报讯 GameStop 披露，其此前转移至 Coinbase Prime 的约 4,710 枚 BTC 并非出售，而是作为抵押参与一项备兑看涨期权（covered call）策略，用于获取期权权利金收益。
公司通过场外交易（OTC）卖出短期看涨期权，行权价区间为 10.5 万至 11 万美元，在保留比特币敞口的同时获取收入，但相应也限制了上涨收益空间。
受该结构影响，GameStop 已不再直接持有比特币资产，而是将其记为“应收资产”，即未来可从对手方收回等值 BTC 的权利。由于抵押资产可被再质押或再利用（rehypothecation），其持仓已转变为带有对手方风险的衍生品敞口。
财报显示，截至财年末，与该策略相关的应收资产价值约为 3.683 亿美元，同时录得约 5970 万美元未实现亏损（因比特币价格下跌）。此外，公司确认约 70 万美元期权负债及 230 万美元未实现收益。
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
Related Flash News
Blockbeats•19m agoBitcoin's volatility is near its lowest point since 2023, and the crypto market is entering a 'calm breather'
Blockbeats•35m agoBinance将下架APT/ETH、CTSI/BTC等现货交易对
币界网•1h agoBTC OG内幕巨鲸：ZEC空单由亏转盈
ChainCatcher•3h agoItalian energy company Alps Blockchain has converted an idle power plant in Bolivia into a Bitcoin mining farm
Blockbeats•3h agoThe ETH/BTC exchange rate continues to decline, currently quoted at 0.02713
ChainCatcher•3h ago10x Research: Most Bitcoin treasury companies have significantly compressed their NAV premiums and may enter an era of negative premiums
Blockbeats•4h agoBitcoin has entered a high-risk range, and the continued withdrawal of institutional funds highlights concerns about selling pressure
ChainCatcher•4h agoData: Whales opened $40.26 million in BTC short positions and held $33.3 million in ZEC long positions
Blockbeats•5h agoBitunix Analyst: Hormuz is 'fighting while talking,' and the market is beginning to realize that real uncertainty has never disappeared
ChainCatcher•5h agoThe survey shows that 16% of Brazilian investors have allocated cryptocurrencies, while 56% of non-investors intend to enter the market
