Blockchain Sleuth Spots Gamestop Shifting 100 Bitcoin to Coinbase Prime

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.

Screenshot shared by the operator of timechainindex.com Sani on Jan. 18, 2026.

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.