GameStop plans to swap $1.4B of zero-coupon notes for stock—replacing future debt with dilution but cutting no current interest expense. The catch: 4,709 of its 4,710 BTC were pledged as of May 2, while its renewed collateral position remains undisclosed. By: @akibablade https://cryptoslate.com/gamestop-plans-1-4-billion-stock-swap-as-bitcoin-collateral-risk-emerges/(CryptoSlate)