GameStop Transfers 51% of Bitcoin to Coinbase, Potential $76M Loss
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: 1d ago- Bitcoin Transfer: GameStop transferred 2,396 BTC to Coinbase Prime in January 2026, representing 51% of its holdings, raising speculation about potential sale intentions amid declining Bitcoin prices.
- Market Reaction: Following the news, GameStop's stock price dipped over 3%, reflecting market concerns regarding its Bitcoin investment strategy, particularly as its $519.4 million investment faces a potential $76 million loss.
- Regulatory Scrutiny: Under U.S. SEC rules, any sale exceeding 10% of holdings requires disclosure, and this transfer may trigger fresh scrutiny, especially given the fluctuating Bitcoin prices that have led to speculation about GameStop's financial health.
- Market Dynamics: As of January 23, 2026, Bitcoin's price stands at $89,425.59 with a market cap of $1.79 trillion; despite a slight increase in 24-hour trading volume, Bitcoin has seen a 19.72% decline over the past 90 days, indicating potential bearish trends.
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.
