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GameStop Moves Entire 4,710 B $BTC Treasury to Coinbase Prime Amid Bitcoin Downtrend
GameStop has transferred its full Bitcoin holdings 4,710 B $BTC , currently valued at around $358 millionto Coinbase Prime, an institutional-grade crypto trading platform.
The retailer purchased this stash in May 2025 for approximately $504 million, at an average price of $107,900 per $BTC . With Bitcoin now trading around $76,076, GameStop faces unrealized losses exceeding $146 million if it were to liquidate today.
CEO Ryan Cohen recently stated that potential acquisitions are "way more compelling than Bitcoin," fueling speculation that the company may pivot away from crypto to fund M&A activity.
On-chain data from CryptoQuant observed the transfer in late January, though no sales have been confirmed. Market watchers are closely tracking corporate BTC treasuries for signs of forced selling amid Bitcoin's decline from its all-time highs.
For investors and crypto enthusiasts, platforms like #BingX provide real-time tracking of on-chain movements and market activity essential tools for monitoring potential impacts on Bitcoin and broader crypto markets.
What are your suggestions on thus? Tell me in the comments.
Like share and repost and follow for more latest news.
#GameStop #CryptoNews #BTCPrice #ADPDataDisappoints
GameStop has transferred its full Bitcoin holdings 4,710 B $BTC , currently valued at around $358 millionto Coinbase Prime, an institutional-grade crypto trading platform.
The retailer purchased this stash in May 2025 for approximately $504 million, at an average price of $107,900 per $BTC . With Bitcoin now trading around $76,076, GameStop faces unrealized losses exceeding $146 million if it were to liquidate today.
CEO Ryan Cohen recently stated that potential acquisitions are "way more compelling than Bitcoin," fueling speculation that the company may pivot away from crypto to fund M&A activity.
On-chain data from CryptoQuant observed the transfer in late January, though no sales have been confirmed. Market watchers are closely tracking corporate BTC treasuries for signs of forced selling amid Bitcoin's decline from its all-time highs.
For investors and crypto enthusiasts, platforms like #BingX provide real-time tracking of on-chain movements and market activity essential tools for monitoring potential impacts on Bitcoin and broader crypto markets.
What are your suggestions on thus? Tell me in the comments.
Like share and repost and follow for more latest news.
#GameStop #CryptoNews #BTCPrice #ADPDataDisappoints
🚨 GameStop is preparing to sell Bitcoin? CEO Ryan Cohen hints at 'transformational' moves!
American retail giant GameStop ($GME) is once again in the spotlight of the cryptocurrency world. After transferring all of its 4,710 BTC (approximately $368 million) to Coinbase Prime, CEO Ryan Cohen made significant remarks.
Core content of Cohen's interview with CNBC:
New focus: Cohen plans a 'very, very large-scale' acquisition of a major publicly traded consumer goods company. Preparing to sell BTC? Although the CEO did not directly confirm a sale, he stated the new strategy is 'more attractive than holding Bitcoin.' Billion-dollar goal: Cohen's aim is to turn GameStop into an industry giant with a market value of hundreds of billions of dollars.
Why is this important?
The asset transfer to the exchange, combined with the grand acquisition plan, has fueled market speculation that GameStop may completely liquidate its cryptocurrency position to raise funds needed for the acquisition. Following this news, GME's stock price soared by 8.25%.
Will this be the end of GameStop's 'Bitcoin experiment', or merely an optimization of reserve assets?🧐
#GameStop #BTC #RyanCohen #加密货币新闻
#Bitcoin
American retail giant GameStop ($GME) is once again in the spotlight of the cryptocurrency world. After transferring all of its 4,710 BTC (approximately $368 million) to Coinbase Prime, CEO Ryan Cohen made significant remarks.
Core content of Cohen's interview with CNBC:
New focus: Cohen plans a 'very, very large-scale' acquisition of a major publicly traded consumer goods company. Preparing to sell BTC? Although the CEO did not directly confirm a sale, he stated the new strategy is 'more attractive than holding Bitcoin.' Billion-dollar goal: Cohen's aim is to turn GameStop into an industry giant with a market value of hundreds of billions of dollars.
Why is this important?
The asset transfer to the exchange, combined with the grand acquisition plan, has fueled market speculation that GameStop may completely liquidate its cryptocurrency position to raise funds needed for the acquisition. Following this news, GME's stock price soared by 8.25%.
Will this be the end of GameStop's 'Bitcoin experiment', or merely an optimization of reserve assets?🧐
#GameStop #BTC #RyanCohen #加密货币新闻
#Bitcoin
#GameStopBitcoinReserve
🚀 GameStop Joins the Bitcoin Revolution! 🎮💰
🔥 Big News: GameStop ($GME) has officially added Bitcoin (BTC) as a treasury reserve asset! 🏦💎
📊 Key Highlights:
✅ GameStop now holds Bitcoin as part of its financial reserves 🏦⚡
✅ Stock surged 8% after the announcement 📈🚀
✅ Cash reserves: $4.76 billion 💰💎
This move puts GameStop alongside companies like MicroStrategy in betting on Bitcoin’s future! 🚀💡
#GameStop #Bitcoin #GME #Crypto
🚀 GameStop Joins the Bitcoin Revolution! 🎮💰
🔥 Big News: GameStop ($GME) has officially added Bitcoin (BTC) as a treasury reserve asset! 🏦💎
📊 Key Highlights:
✅ GameStop now holds Bitcoin as part of its financial reserves 🏦⚡
✅ Stock surged 8% after the announcement 📈🚀
✅ Cash reserves: $4.76 billion 💰💎
This move puts GameStop alongside companies like MicroStrategy in betting on Bitcoin’s future! 🚀💡
#GameStop #Bitcoin #GME #Crypto
$BTC O Bitcoin indo para alturas (BTC) apresentou volatilidade significativa recentemente, com uma queda de mais de 7% em poucas horas, caindo de US$ 84.000 para abaixo de US$ 79.000, entrando em um mercado de baixa técnico.
Atualmente, o preço do Bitcoin está em US$ 84.125,00, com uma variação de 1,55% em relação ao fechamento anterior.
Bitcoin $84,125.00
hoje voltou a subir e passou de 91.000.00 podendo alcançar 125.500
#BTC
#Binance
#gamestop
$XRP $SOL
Atualmente, o preço do Bitcoin está em US$ 84.125,00, com uma variação de 1,55% em relação ao fechamento anterior.
Bitcoin $84,125.00
hoje voltou a subir e passou de 91.000.00 podendo alcançar 125.500
#BTC
#Binance
#gamestop
$XRP $SOL
$BTC is trading at $87,871, reflecting an increase of $1,236 (1.43%) from the previous close.
24-Hour Price Momentum:
Bullish, with a 1.43% increase.
Key Levels to Watch:
Support: $85,000
Resistance: $90,000
Trade Setup:
Entry Zone: $86,000 – $87,000
Target 1: $89,000
Target 2: $91,000
Target 3: $93,000
Stop Loss: $84,500
Recommendation:
Entry to buy at $86,000 to $87,000,
Stop loss at $84,500.
#BTC
#BitcoinReserve
#gamestop
#crypto
24-Hour Price Momentum:
Bullish, with a 1.43% increase.
Key Levels to Watch:
Support: $85,000
Resistance: $90,000
Trade Setup:
Entry Zone: $86,000 – $87,000
Target 1: $89,000
Target 2: $91,000
Target 3: $93,000
Stop Loss: $84,500
Recommendation:
Entry to buy at $86,000 to $87,000,
Stop loss at $84,500.
#BTC
#BitcoinReserve
#gamestop
#crypto
There are selling and buying!!!
$BTC 4710 $BTC COINS Bought by #GameStop带动Meme板块 #gamestop
Market seems to be stable and no domination as of now
$BTC
$BTC 4710 $BTC COINS Bought by #GameStop带动Meme板块 #gamestop
Market seems to be stable and no domination as of now
$BTC
#GameStopBitcoinReserve GameStopBitcoinReserve: A Bold Move into Crypto! 🏆
GameStop ($GME), the legendary meme stock, is making headlines again—this time with Bitcoin reserves! 🔥 As more companies embrace crypto as a hedge against inflation and a store of value, GameStop’s decision signals a strategic shift towards digital assets.
🔎 Why is GameStop Holding Bitcoin?
✅ Hedge Against Inflation – Bitcoin is often seen as "digital gold."
✅ Decentralized Finance (DeFi) Potential – Strengthens GameStop’s digital economy.
✅ Investor Confidence – Attracts crypto-savvy traders and retail investors.
📊 What This Means for Crypto & Stocks
💡 Bullish for Bitcoin – More corporate adoption fuels demand.
📈 Stock Market Impact – GameStop aligning with crypto could boost its valuation.
🌍 Mass Adoption Signal – Another step toward Bitcoin becoming a mainstream asset.
🔮 Is GameStop setting a new trend for businesses to hold Bitcoin? Drop your thoughts below! ⬇️💬
#bitcoin #gamestop #CryptoAdoption2025
#MemeStock #Investing$SOL
GameStop ($GME), the legendary meme stock, is making headlines again—this time with Bitcoin reserves! 🔥 As more companies embrace crypto as a hedge against inflation and a store of value, GameStop’s decision signals a strategic shift towards digital assets.
🔎 Why is GameStop Holding Bitcoin?
✅ Hedge Against Inflation – Bitcoin is often seen as "digital gold."
✅ Decentralized Finance (DeFi) Potential – Strengthens GameStop’s digital economy.
✅ Investor Confidence – Attracts crypto-savvy traders and retail investors.
📊 What This Means for Crypto & Stocks
💡 Bullish for Bitcoin – More corporate adoption fuels demand.
📈 Stock Market Impact – GameStop aligning with crypto could boost its valuation.
🌍 Mass Adoption Signal – Another step toward Bitcoin becoming a mainstream asset.
🔮 Is GameStop setting a new trend for businesses to hold Bitcoin? Drop your thoughts below! ⬇️💬
#bitcoin #gamestop #CryptoAdoption2025
#MemeStock #Investing$SOL
hello !
don't forget the word of the day 👌🏼
https://www.binance.com/activity/word-of-the-day/G1131817886150914048?ref=CPA_009ZSR4UMR
Referral code: CPA_009ZSR4UMR
#gamestop
don't forget the word of the day 👌🏼
https://www.binance.com/activity/word-of-the-day/G1131817886150914048?ref=CPA_009ZSR4UMR
Referral code: CPA_009ZSR4UMR
#gamestop
#GameStopBitcoinReserve GameStop adopts Bitcoin as a reserve asset to hedge inflation & diversify. #GameStop #BitcoinReserve
📰 What you need to know this Wednesday, March 26
📥 Inflows of $26.83M are recorded into BTC ETFs.
The largest inflow was in the Blackrock IBIT ETF with an amount of $42.03M, while the ETH ETF saw outflows of $3.21M.
🤝 The SEC plans four more roundtables on cryptocurrencies, trading, custody, tokenization, and DeFi.
The SEC held its first roundtable on cryptocurrencies in early March.
🚀 GameStop confirmed it will add BTC to its treasury with over $4.6 billion for investments.
🤖 Elon Musk confirmed the launch of the Grok artificial intelligence bot on Telegram.
⚠️ In the last 24 hours, 81,027 traders were liquidated, and the total liquidations reached $163.96 million.
The largest individual liquidation order occurred on Bybit - BTCUSDT valued at $2.65M.
🌐 For more news and analysis follow us as:
@StreetradersOficial
#📰STNews
#KingBitcoin #gamestop #AiGrok
$BTC $ETH $ICP
#🪙Streetraders
📥 Inflows of $26.83M are recorded into BTC ETFs.
The largest inflow was in the Blackrock IBIT ETF with an amount of $42.03M, while the ETH ETF saw outflows of $3.21M.
🤝 The SEC plans four more roundtables on cryptocurrencies, trading, custody, tokenization, and DeFi.
The SEC held its first roundtable on cryptocurrencies in early March.
🚀 GameStop confirmed it will add BTC to its treasury with over $4.6 billion for investments.
🤖 Elon Musk confirmed the launch of the Grok artificial intelligence bot on Telegram.
⚠️ In the last 24 hours, 81,027 traders were liquidated, and the total liquidations reached $163.96 million.
The largest individual liquidation order occurred on Bybit - BTCUSDT valued at $2.65M.
🌐 For more news and analysis follow us as:
@StreetradersOficial
#📰STNews
#KingBitcoin #gamestop #AiGrok
$BTC $ETH $ICP
#🪙Streetraders
JUST IN: 🇺🇸 🇮🇳 President Trump announces reciprocal tariffs on India while standing next to Indian Prime Minister Modi.
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JUST IN: 🇺🇸 President Trump says "Taiwan has took our chip business away, and we want that back."
-
🔥 #GameStop $GME considers investing in #Bitcoin and other #cryptocurrencies .
-
JUST IN: 🇺🇸 President Trump confirms Elon Musk $DOGE workers have arrived at the IRS to begin an audit.
-
🔥 NEW: Texas Strategic Bitcoin Reserve Bill Is Set for a Hearing on February 18.
-
🚨 LATEST: SEC acknowledges Grayscale's 19b-4 filing for its spot Dogecoin ETF.
-
🔥 Prediction: 10% of global GDP to be in crypto by 2030
CEO Brian Armstrong claims it’s the dawn of a new era for crypto" in the US, predicting that up to 10% of global GDP will be crypto-based by 2030.
-
In January 2025, BlackRock's iShares Bitcoin Trust (IBIT) reached an all-time high in market share, capturing over 77% of the spot Bitcoin ETF market.
-
NEW: 🇺🇸 Judge agrees to pause legal dispute between Binance and SEC until April 2025.
-
🇺🇸 ETF FLOWS: Around 1,600 BTC were sold and 4,680 ETH were bought on Feb. 13.
BTC ETFs saw $156.8M in net outflows.
ETH ETFs saw $12.8M in net inflows.
-
🇺🇸BULLISH: Michigan introduces a Bitcoin Reserve bill which would allow it to invest 10% of public funds into crypto such as Bitcoin.
-
🔥 BULLISH: El Salvador's Bitcoin Office posted President Bukele meeting Strategy's CEO Michael Saylor at Casa Presidencial and said, "Bitcoin was discussed.
-
🇪🇺 EU GDP GROWTH: 0.1%
EXPECTED: 0%
PREVIOUS: 0.4%
-
Ethereum Pectra upgrade scheduled for mainnet on April 8.
-
removed from France AMF blacklist and is now pursuing MiCA license in the EU, though it still faces regulatory challenges in Malaysia and India.
-
🔥JUST IN: 🇭🇰 #HongKong investment firm Avenir discloses $599 million #Bitcoin #ETF holdings.
-
JUST IN: 🇬🇧 Barclays Bank discloses $131 million BlackRock #Bitcoin ETF Holdings.
-
⚡️ JUST IN: 0-fee $USDT purchases in 60+ countries.
$BTC $ETH
-
JUST IN: 🇺🇸 President Trump says "Taiwan has took our chip business away, and we want that back."
-
🔥 #GameStop $GME considers investing in #Bitcoin and other #cryptocurrencies .
-
JUST IN: 🇺🇸 President Trump confirms Elon Musk $DOGE workers have arrived at the IRS to begin an audit.
-
🔥 NEW: Texas Strategic Bitcoin Reserve Bill Is Set for a Hearing on February 18.
-
🚨 LATEST: SEC acknowledges Grayscale's 19b-4 filing for its spot Dogecoin ETF.
-
🔥 Prediction: 10% of global GDP to be in crypto by 2030
CEO Brian Armstrong claims it’s the dawn of a new era for crypto" in the US, predicting that up to 10% of global GDP will be crypto-based by 2030.
-
In January 2025, BlackRock's iShares Bitcoin Trust (IBIT) reached an all-time high in market share, capturing over 77% of the spot Bitcoin ETF market.
-
NEW: 🇺🇸 Judge agrees to pause legal dispute between Binance and SEC until April 2025.
-
🇺🇸 ETF FLOWS: Around 1,600 BTC were sold and 4,680 ETH were bought on Feb. 13.
BTC ETFs saw $156.8M in net outflows.
ETH ETFs saw $12.8M in net inflows.
-
🇺🇸BULLISH: Michigan introduces a Bitcoin Reserve bill which would allow it to invest 10% of public funds into crypto such as Bitcoin.
-
🔥 BULLISH: El Salvador's Bitcoin Office posted President Bukele meeting Strategy's CEO Michael Saylor at Casa Presidencial and said, "Bitcoin was discussed.
-
🇪🇺 EU GDP GROWTH: 0.1%
EXPECTED: 0%
PREVIOUS: 0.4%
-
Ethereum Pectra upgrade scheduled for mainnet on April 8.
-
removed from France AMF blacklist and is now pursuing MiCA license in the EU, though it still faces regulatory challenges in Malaysia and India.
-
🔥JUST IN: 🇭🇰 #HongKong investment firm Avenir discloses $599 million #Bitcoin #ETF holdings.
-
JUST IN: 🇬🇧 Barclays Bank discloses $131 million BlackRock #Bitcoin ETF Holdings.
-
⚡️ JUST IN: 0-fee $USDT purchases in 60+ countries.
$BTC $ETH
📊 Update: GameStop shares drop 22% after increasing fundraising size to support Bitcoin strategy! 📉
━━━━━━━━━━━━━━━
💥 Sudden drop:
GameStop shares fell by 22% after announcing an increase in fundraising size to $2.25 billion, aimed at financing its strategy to invest in Bitcoin within the company's treasury. 😮
━━━━━━━━━━━━━━━
🤔 Why this drop?
* Investor concerns: Despite Bitcoin's allure, investors seem worried about GameStop's increasing focus on volatile digital assets, especially as its core revenues in the gaming sector decline. 📉
* Dilution: An increased offering size for fundraising may dilute the value of existing shareholders' stocks, causing their discontent. 💸
* Uncertainty: There is still uncertainty about how the Bitcoin strategy will impact GameStop's financial performance in the long run, especially as its core business faces challenges. ❓
━━━━━━━━━━━━━━━
💡 Strategy context:
GameStop is following in the footsteps of companies like MicroStrategy, which adopted Bitcoin as a reserve asset in its treasury. 💰 GameStop announced in March 2025 its plans to adopt a Bitcoin strategy and purchased 4,710 Bitcoin worth over $500 million last May.
━━━━━━━━━━━━━━━
📍 If you liked the content, support me with a like and follow to receive all the latest
LEGENDARY_007
#CryptoNewss #LEGENDARY_007 #gamestop
━━━━━━━━━━━━━━━
💥 Sudden drop:
GameStop shares fell by 22% after announcing an increase in fundraising size to $2.25 billion, aimed at financing its strategy to invest in Bitcoin within the company's treasury. 😮
━━━━━━━━━━━━━━━
🤔 Why this drop?
* Investor concerns: Despite Bitcoin's allure, investors seem worried about GameStop's increasing focus on volatile digital assets, especially as its core revenues in the gaming sector decline. 📉
* Dilution: An increased offering size for fundraising may dilute the value of existing shareholders' stocks, causing their discontent. 💸
* Uncertainty: There is still uncertainty about how the Bitcoin strategy will impact GameStop's financial performance in the long run, especially as its core business faces challenges. ❓
━━━━━━━━━━━━━━━
💡 Strategy context:
GameStop is following in the footsteps of companies like MicroStrategy, which adopted Bitcoin as a reserve asset in its treasury. 💰 GameStop announced in March 2025 its plans to adopt a Bitcoin strategy and purchased 4,710 Bitcoin worth over $500 million last May.
━━━━━━━━━━━━━━━
📍 If you liked the content, support me with a like and follow to receive all the latest
LEGENDARY_007
#CryptoNewss #LEGENDARY_007 #gamestop
The two sides of the coin with Gamestop (GME)
These days we have seen how the share price of #gamestop (GME) had a good performance at #mercado , having a rise for 2 continuous days driven by the return of Roaring Kitty (Keith Gill) . This boost in "meme stocks" was not only seen in the traditional market, but also in the #Criptomonedas market with the #memecoins of the same theme. How did some traders do buying these memecoins during this trend? Let's explore.
When I mention memecoins with the same theme, I am referring to memecoins created parodying certain themes, with zero usefulness and pure speculation. Thus we have the memecoin parodying Gamestop (GME) on the Solana network.
When I mention memecoins with the same theme, I am referring to memecoins created parodying certain themes, with zero usefulness and pure speculation. Thus we have the memecoin parodying Gamestop (GME) on the Solana network.
Headline: 🚨 Institutions vs. Corporations: ARK Bets Big on $XRP While GameStop Moves Its Bitcoin! What's the Play? 🤔
The crypto market is giving us mixed signals today with two massive institutional moves that could shape the narrative for the coming weeks.
🔥 Key Updates (Jan 24, 2026):
Cathie Wood's ARK Invest Files for New Crypto ETF: In a major vote of confidence for altcoins, ARK Invest has filed for the ARK CoinDesk 20 Crypto ETF. The biggest surprise? XRP is the third-largest holding with a massive 19.88% allocation, right behind Bitcoin and Ethereum. This signals significant institutional demand for diversified crypto exposure beyond the big two.
GameStop Moves Entire Bitcoin Holdings: On the flip side, GameStop has transferred its entire Bitcoin treasury, worth over $10 million, to Coinbase Prime. While the intent is unclear, this move has sparked speculation about a potential sale or a strategic shift in their corporate treasury management.
💡 My Take: We are seeing a fascinating divergence. Institutional investors like ARK are deepening their commitment to a broader crypto market, while some corporations appear to be reassessing their direct Bitcoin exposure. This could lead to short-term volatility but long-term maturation of the asset class.
👇 What's your take? Is ARK's XRP bet a game-changer? And what do you think GameStop is planning with its BTC? Drop your thoughts below!
#xrp #Ripple #bitcoin #gamestop
The crypto market is giving us mixed signals today with two massive institutional moves that could shape the narrative for the coming weeks.
🔥 Key Updates (Jan 24, 2026):
Cathie Wood's ARK Invest Files for New Crypto ETF: In a major vote of confidence for altcoins, ARK Invest has filed for the ARK CoinDesk 20 Crypto ETF. The biggest surprise? XRP is the third-largest holding with a massive 19.88% allocation, right behind Bitcoin and Ethereum. This signals significant institutional demand for diversified crypto exposure beyond the big two.
GameStop Moves Entire Bitcoin Holdings: On the flip side, GameStop has transferred its entire Bitcoin treasury, worth over $10 million, to Coinbase Prime. While the intent is unclear, this move has sparked speculation about a potential sale or a strategic shift in their corporate treasury management.
💡 My Take: We are seeing a fascinating divergence. Institutional investors like ARK are deepening their commitment to a broader crypto market, while some corporations appear to be reassessing their direct Bitcoin exposure. This could lead to short-term volatility but long-term maturation of the asset class.
👇 What's your take? Is ARK's XRP bet a game-changer? And what do you think GameStop is planning with its BTC? Drop your thoughts below!
#xrp #Ripple #bitcoin #gamestop
#gamestop transfers all BTC to Coinbase Prime – a sign of selling off?
According to CryptoQuant, GameStop has just transferred all its Bitcoin holdings to Coinbase Prime – a strong signal that the company may soon sell off its entire position.
Details:
Purchased 4,710 BTC (14–23/5/2025) at an average price of 107,900 USD/BTC, total investment of 504 million USD.
Current BTC price ~90,800 USD → estimated loss of 76 million USD.
CryptoQuant Chart:
Profit/Loss: From peak profit of 50M USD (10/2025) to deep loss of -100M USD (red zone prevailing).
Holdings: BTC balance has sharply decreased, multiple negative balance changes (selling).
Invested & Worth: Current value is only ~150-200M USD compared to initial investment.
Analysis:
GameStop was once seen as the new Bitcoin "whale" in the style of MicroStrategy, but significant loss pressure + risk-off market (gold/silver ATH, rising Treasury yields, tightening liquidity) has made it unsustainable. Moving to Coinbase Prime is often a preparatory step for selling or restructuring.
Market sentiment: Many institutions are still active (BitMine buying ETH), but GameStop's selling is a clear sign: when the market worsens, even "all-in" must cut losses. BTC is losing its "safe haven" status compared to gold.
Do you think this is the bottom or is GameStop selling at the bottom? Hold BTC or diversify? Comment below! 📉🟠
According to CryptoQuant, GameStop has just transferred all its Bitcoin holdings to Coinbase Prime – a strong signal that the company may soon sell off its entire position.
Details:
Purchased 4,710 BTC (14–23/5/2025) at an average price of 107,900 USD/BTC, total investment of 504 million USD.
Current BTC price ~90,800 USD → estimated loss of 76 million USD.
CryptoQuant Chart:
Profit/Loss: From peak profit of 50M USD (10/2025) to deep loss of -100M USD (red zone prevailing).
Holdings: BTC balance has sharply decreased, multiple negative balance changes (selling).
Invested & Worth: Current value is only ~150-200M USD compared to initial investment.
Analysis:
GameStop was once seen as the new Bitcoin "whale" in the style of MicroStrategy, but significant loss pressure + risk-off market (gold/silver ATH, rising Treasury yields, tightening liquidity) has made it unsustainable. Moving to Coinbase Prime is often a preparatory step for selling or restructuring.
Market sentiment: Many institutions are still active (BitMine buying ETH), but GameStop's selling is a clear sign: when the market worsens, even "all-in" must cut losses. BTC is losing its "safe haven" status compared to gold.
Do you think this is the bottom or is GameStop selling at the bottom? Hold BTC or diversify? Comment below! 📉🟠
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