GameStop Transfers All BTC Holdings to Coinbase Prime on Jan. 23

GameStop transferred all its Bitcoin holdings to Coinbase Prime on Jan. 23, CryptoQuant said in a post on X, noting the move likely signals intent to sell. The company acquired 4,710 BTC between May 14 and 23, 2025, at an average price of about $107,900, totaling roughly $504 million. If sold around $90,800, the position could result in an estimated $76 million loss, CryptoQuant added.