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According to CryptoQuant, GameStop appears to be abandoning its Bitcoin strategy by transferring all its BTC holdings to Coinbase Prime, likely in preparation for selling.
During the period from 14–23/5/2025, GameStop purchased 4,710 BTC at an average price of $107,900, with a total investment of approximately $504 million. At the current price around $90,800, the company may be incurring an estimated loss of about $76 million.#GoldAndSilverHitRecordHighs