GameStop Transfers $420M in Bitcoin to Coinbase, Raising Speculation of Potential Exit from Crypto Treasury Strategy
ByAinvest
Monday, Jan 26, 2026 1:51 pm ET1min read
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GameStop has transferred its entire 4,710 BTC stash to Coinbase Prime, sparking speculation that the video game retailer may be preparing to unwind its Bitcoin treasury strategy. If sold near current prices, the company would realize an estimated $75M-$85M loss on its Bitcoin holdings. The transfer comes as corporate crypto treasury strategies face pressure amid falling digital asset prices.
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