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GameStop transferred all of its 4,710 bitcoins to Coinbase Prime in January, sparking speculation in the market about a potential sell-off. The company had previously built a bitcoin position of about $500 million, which is now valued at approximately $362.4 million. CEO Ryan Cohen stated in an interview with CNBC on Friday that the company is shifting towards a transformative acquisition strategy, claiming that this plan is more attractive than bitcoin.Cohen declined to disclose whether the company would liquidate its bitcoins but emphasized that the acquisition plan is transformative not only for GameStop but for the entire capital market. Following the announcement, GameStop's stock price rose by about 8.25% to $25.85.

American renowned "Big Short" Michael Burry posted, "I hold GameStop (GME) and have been buying recently. I expect that the price I bought in at may soon approach 1 times the tangible book value and 1 times the net asset value. I do not expect to realize long-term value through a short squeeze and am willing to hold long-term."Affected by this news, GameStop's stock price surged by 8.8% during intraday trading on Monday, closing at $24.01, an increase of 4.44%.

GameStop has transferred all of its 4,710 bitcoins to Coinbase Prime, sparking speculation in the market about its potential sale of bitcoin assets. The current value of this bitcoin is approximately $422 million. This transfer "likely indicates preparations for a sale." If sold at an approximate price of $90,800 per bitcoin, GameStop could realize a paper loss of about $76 million. Previously, GameStop purchased the aforementioned bitcoins in batches at an average price of $107,900 in May of this year. As of now, GameStop has not publicly responded to whether it will sell the bitcoins.

According to market news, GameStop is suspected of transferring all on-chain BTC to Coinbase Prime, possibly for sale.

Recently, the Web3 game platform Pump.game announced that it will distribute GAMES airdrop rewards to PUMP token holders and users trading on the Pump.fun platform.The airdrop distribution will comprehensively consider users' PUMP holdings and historical trading behavior on the platform, aimed at rewarding ecological users who engage in real interactions on Pump.fun.According to the official introduction, GAMES is an important component of the Pump.game ecosystem and will play a key role in future game content and platform tokens.

Liquid Capital (formerly LD Capital) founder Yi Lihua posted on social media, stating, "Investors like Buffett and Duan Yongping are respected because they earn money through value and trends, rather than through speculation.This year's trend is a bull market, regardless of the macro environment or the stage of industry development; it's not something we can decide among ourselves. We can only see the trend and go with the flow. During this time, I've seen bears making their last efforts, but as we've mentioned before, before the great bull market of 2026, bears will have already covered their positions with small losses, and those who cover later will suffer greatly.Those who are still bearish in the market now are either just talk or cannon fodder. After experiencing more than a month of fluctuations (the tug-of-war between bulls and bears), the bulls will definitely rise up, while pessimists are always right, and optimists always move forward."

Aether Games officially announced the cessation of operations. The project released a statement on social media indicating that despite various efforts and adjustments by the team, they were unable to attract the player base necessary for survival. The project team admitted that the TGE (Token Generation Event) period was a turning point, as many transactions with KOLs, partners, and advisors proved to be dishonest, leading to significant financial losses. At the same time, major exchanges including KuCoin, Gate, and Bybit have issued delisting risk notifications for the AEG token, making it impossible for the project to continue.Aether Games also pointed out that the high costs, complexity, and security risks in the crypto gaming market are key factors leading to failure. Recently, the project faced multiple hacking attempts, one of which successfully compromised some users. To prevent further scam risks, the official team has decided to close the Discord community. In their farewell letter, the team suggested that future project developers should consider small-scale fair fundraising and focus on DEX liquidity, rather than relying on expensive promises and unstable partnerships.

According to CoinDesk, as of the end of the third quarter, GameStop (stock code GME) held Bitcoin worth $519.4 million, although the company recorded a digital asset holding loss of $9.2 million during this period. Additionally, verified official documents show that GameStop still held 4,710 Bitcoins at the end of the third quarter, unchanged from the data released in the second quarter financial report.Due to sales performance not meeting investor expectations, the company's stock price fell 5.8% on Wednesday. Since GameStop announced its Bitcoin plan in March, its stock price has dropped over 22%, as investors weigh the risks of holding cryptocurrency against the impact of the company's weak core business performance.

The publicly traded company GameStop invested $500 million in Bitcoin this spring, and now this asset is causing significant volatility for the company.According to the company's third-quarter financial report released on Tuesday, the position had a book value of approximately $519 million at the end of September, resulting in over $19 million in unrealized profits. However, at the end of the second quarter, this holding had briefly risen to $528 million, and then recorded an unrealized loss of $9.4 million due to a price drop. During the third quarter, GameStop did not increase or sell any Bitcoin. In 2025, Bitcoin reached new highs driven by crypto-friendly policies in the U.S. However, the crash on October 10 caused prices to fall about 30% from their peak this year, shaking the entire industry. During this collapse, approximately $19 billion in leveraged crypto positions were forcibly liquidated, and several publicly traded companies that benefited from the bull market began to show signs of pressure. In addition to GameStop, non-crypto companies also made significant purchases of Bitcoin this year, including Japanese hotel operator MetaPlanet and Trump Media & Technology Group, which is under Trump. This trend is attributed to President Trump's executive orders strengthening the strategic position of crypto assets within his administration and pushing regulators to implement a light regulatory framework. As the market weakens, the financial performance of these companies is facing severe challenges.

The New York Stock Exchange-listed company GameStop released its third-quarter financial performance report, which disclosed that as of the end of the third quarter of 2025, the company holds Bitcoin valued at $519.4 million, as well as cash, cash equivalents, and marketable securities worth $8.8 billion.GameStop also disclosed that its net profit for the third quarter was $77.1 million, compared to a net profit of $17.4 million in the same period last year. Excluding unrealized losses on digital assets and other items, the adjusted net income reached $139.3 million, showing significant growth compared to the adjusted net income of $26.2 million in the same period last year.

Eric Trump, the second son of Donald Trump, stated on social media, "The cryptocurrency mining company American Bitcoin Corp. continues to accumulate Bitcoin, and the next company to surpass is GameStop."According to data shared by Eric Trump, American Bitcoin currently holds 4,367 BTC, while GameStop currently holds 4,710 BTC.Earlier reports indicated that American Bitcoin was co-founded by Eric Trump, and its stock price plummeted 35% this Monday due to the unlocking of restricted shares.

Musk posted that he plans to challenge top human teams in League of Legends using Grok 5 in 2026, limiting the challenge to human vision and reaction speed to validate AGI's adaptability in complex games. Musk emphasized that the design philosophy of Grok 5 is to play any game simply by reading the manual and trying it out.It is reported that xAI's Grok 5 is scheduled for release in early 2026, with a parameter scale of 60 trillion, supporting multimodal capabilities, and a 10% chance of achieving general artificial intelligence, surpassing previous models. This challenge emphasizes AI's ability to play games autonomously through reading instructions and experimentation, recruiting talent to drive breakthroughs in xAI's game AGI field, and showcasing the potential from simulation to real-world applications.

ChainCatcher news, Web3 game studio Mythical Games announced a strategic investment from WLD treasury company Eightco Holdings. The announcement stated that this collaboration will accelerate the company's mission to build a world-class entertainment ecosystem and bring verified human identities into the gaming space in the post-AGI era.Mythical Games was founded in 2018 and has raised a total of $281 million in funding, with investors including a16z, Scytale Digital, WestCap, and YZi Labs.