Jan 24, 2026
GameStop Moves $422M Bitcoin Treasury to Coinbase Prime Sparking Sale Concerns
Bitcoinbtc priceCoinbase Primecorporate Bitcoin treasuryCryptocurrency newsdigital asset strategyGameStop BitcoinGameStop cryptoRyan Cohen
TLDR: GameStop transferred 4,710 BTC worth $422 million to Coinbase Prime institutional trading platform Friday. The retailer accumulated Bitcoin in May 2025 at $107,900 average price, now trading around $90,800 per coin. CryptoQuant detected the move and suggested it signals a sale that could realize approximately $76M in losses. CEO Ryan Cohen recently purchased $10M [...]
The post GameStop Moves $422M Bitcoin Treasury to Coinbase Prime Sparking Sale Concerns appeared first on Blockonomi.
Source: Blockonomi →Related News
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