Core Insights - GameStop's on-chain wallet has transferred all Bitcoin to Coinbase Prime, indicating a potential sale [1] - GameStop purchased 4,710 BTC at an average price of approximately $107,900 between May 14 and May 23, 2025, totaling an investment of about $504 million [1] - If sold at the current price of around $90,800, GameStop could face an estimated paper loss of about $76 million [1] Company Summary - GameStop's strategic move to transfer Bitcoin suggests a shift in its cryptocurrency investment strategy [1] - The significant investment in Bitcoin reflects GameStop's previous confidence in the cryptocurrency market [1] - The potential loss from the sale highlights the volatility and risks associated with cryptocurrency investments [1]
GameStop 链上钱包已将全部比特币转入 Coinbase Prime