GameStop Transfers 2,396 BTC to Coinbase Prime, Sparking Sale Speculation
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: 4d ago- Bitcoin Transfer: In January 2026, GameStop transferred 2,396 BTC to Coinbase Prime, representing approximately 51% of its Bitcoin reserves, which has sparked speculation about a potential sale and could lead to price volatility.
- Market Reaction: Following the news, Bitcoin's value dropped below $90,000, raising concerns about GameStop's future cryptocurrency strategy, with analysts noting that such transfers often precede asset rebalancing or liquidation strategies.
- Strategic Context: GameStop initially acquired 4,710 BTC for its treasury in 2025, and this transfer aligns with corporate strategies seen in companies like MicroStrategy, indicating significant movements in its cryptocurrency approach.
- Regulatory Scrutiny: Expert analysis suggests that this transfer may attract regulatory attention, and while GameStop has not confirmed any sale plans, the market remains highly attentive to its next moves.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
