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Suspected GameStop-Linked Address Deposits 2,396 BTC to an exchange, Overall Unrealized Loss of Approximately $70 Million

Suspected GameStop-Linked Address Deposits 2,396 BTC to an exchange, Overall Unrealized Loss of Approximately $70 Million

BlockBeatsBlockBeats2026/01/20 17:16

BlockBeats News, January 21st, according to on-chain data, the suspected GameStop-related wallet address transferred 2,396 BTC to an exchange Prime hot wallet 16 hours ago, accounting for approximately 50% of its total Bitcoin holdings.


Records show that GameStop purchased 4,710 BTC through an exchange Prime in May 2025 as part of the company's treasury reserve, with a total investment of approximately $500 million. The average purchase price per coin ranged from $106,000 to $109,000. Currently, the unrealized loss corresponding to this portion of Bitcoin is approximately $70 million.

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