GameStop $GME bought 4,710 $BTC for $513M in May 2025 as a treasury reserve. Addresses I believe are them deposited 2,396 BTC (~50% of holdings) to the Coinbase Prime Hot Wallet in the past day. They currently have about $70M in unrealized losses.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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