GameStop Transfers $420M in $BTC đ
GameStop has moved its entire 4,710 BTC (~$420M) to Coinbase Prime, sparking speculation that the company may be exiting its Bitcoin treasury strategy.
If sold near current prices, GameStop could face an estimated $75Mâ$85M loss. The move comes as many corporate crypto treasuries feel pressure amid weaker market conditions.
Is this risk management⊠or waving the white flag on Bitcoin? đ§đ
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#Bitcoin #GameStop #CryptoNews #MarketWatch
