GameStop Moves Entire 4,710 Bitcoin Holdings to Coinbase, Signaling Potential Sale

GameStop has moved its entire Bitcoin holdings to Coinbase Prime, the institutional trading platform owned by the major cryptocurrency exchange. The video game retailer transferred all 4,710 Bitcoin, worth approximately $422 million at current prices, on Friday, according to blockchain intelligence firm CryptoQuant. The transfer sparked immediate speculation about GameStop’s intentions with its digital asset…

GameStop Moves Entire 4,710 Bitcoin Holdings to Coinbase, Signaling Potential Sale