GameStop moved all its treasury in bitcoin, that is 4,710 BTC valued at over 422 million dollars, to Coinbase Prime. This massive transfer, spotted by CryptoQuantGameStop moved all its treasury in bitcoin, that is 4,710 BTC valued at over 422 million dollars, to Coinbase Prime. This massive transfer, spotted by CryptoQuant
CryptoQuant Flags Possible BTC Sale By GameStop
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GameStop moved all its treasury in bitcoin, that is 4,710 BTC valued at over 422 million dollars, to Coinbase Prime. This massive transfer, spotted by CryptoQuant, could signal an imminent sale. For a company that became a symbol of finance for individuals since the Reddit saga, this strategic shift is surprising. Indeed, GameStop had until now displayed a firm position on bitcoin, inherited from its dealings with Michael Saylor. Should this be seen as a discreet disavowal of the crypto bet?
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