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GameStop transfers $200 million in Bitcoin to Coinbase Prime as losses loom

GameStop's on-chain wallets have moved over half of their BTC BTC - $89618.392 holdings to Coinbase Prime, raising the likelihood of selling at an unrealized loss of tens of millions of dollars.

Source: cryptopolitan.com

Related symbols: BTCUSD

2026-01-23 18:29:04 GMT.

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BTC

Price & Market Data

Price: $89618.392

Volume 24h: $38,956,740,255.41

Market Cap: $1,790,564,542,054.20

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,979,671. The last known price of Bitcoin is 88,875.34090292 USD and is down -1.27 over the last 24 hours. It is currently trading on 12526 active market(s) with $36,433,724,938.47 traded over the last 24 hours. More information can be found at https://bitcoin.org/.