news.bitcoin.com
According to onchain analyst Sani, Gamestop—the specialty retailer known for video games, consumer electronics, and gaming merch—moved 100 $BTC, valued at roughly $9.5 million, over to Coinbase Prime, the crypto heavyweight’s brokerage arm.
Reportedly, Gamestop shifted 100 $BTC to Coinbase Prime on Jan. 17, 2026. The move was flagged by Sani, the onchain analyst who runs timechainindex.com. “Gamestop sent 100 $BTC to Coinbase Prime,” Sani noted on X on Jan. 18, sharing the transaction details via a screenshot capturing the onchain movement.
The transaction displays two outputs—100 $BTC and 0.00023787 $BTC—originating from addresses linked to Gamestop and tagged as Coinbase Custody. Roughly 711.11667612 $BTC remained parked in a Coinbase Custody wallet. Coinbase Custody serves as the firm’s arm for secure offline, or cold, storage of digital assets. The 100 $BTC, meanwhile, was routed to Coinbase Prime, the company’s institutional trading venue.
The publicly traded firm Gamestop (NYSE: GME) disclosed on May 28, 2025, that it held 4,710 $BTC on its balance sheet. That tally slots it into the 22nd position among publicly listed companies maintaining bitcoin treasuries. Even if 100 $BTC were unloaded, Gamestop would still hold the 22nd spot, sitting comfortably above Boyaa Interactive International Limited’s 4,091 $BTC cache. If the transfer does amount to a sale and accounts for less than 10% of consolidated total assets, disclosure can wait until Gamestop’s first-quarter 2026 earnings report.
FAQ ⏱️
- Why did Gamestop move 100 $BTC?No one truly knows. The company transferred 100 $BTC to Coinbase Prime, potentially for treasury management, custody changes, or institutional trading activity.
- When did the Gamestop bitcoin transfer occur?Onchain data shows the 100 $BTC movement took place on Jan. 17, 2026, according to analyst Sani’s transfer labels and mempool.space data.
- Did Gamestop sell its bitcoin?There is no confirmation of a sale, only that 100 $BTC was routed to Coinbase Prime from Coinbase Custody–labeled addresses.
- How much bitcoin does Gamestop still hold?Even after the transfer, Gamestop retains more than 4,600 $BTC, keeping it ranked 22nd among public companies with bitcoin treasuries.