GameStop Moved 4.7K BTC to Coinbase Prime at $76M Loss

GameStop, the world’s largest video game retailer, is seeing huge losses on its Bitcoin holdings as the leading asset struggles below $90,000. In May 2025, GameStop accumulated 4,710 BTC for roughly $504 million, with an average price of $107,900, according to the on-chain analysis platform CryptoQuant.   The popular video game retailer recently deposited its BTC holdings into Coinbase Prime, an institutional-grade brokerage platform. CryptoQuant wrote that selling the assets now would cost $76 million ...