[GameStop Reports $9.4 Million Unrealized Loss on Bitcoin Holdings in Q3, Still Holds 4,710 BTC] Odaily Planet Daily News: GameStop (GME) disclosed an unrealized loss of approximately $9.4 million on its Bitcoin holdings for the third quarter ending November 1. Based on the end-of-quarter prices, the total value of the 4,710 BTC held by the company is approximately $519 million. No additional Bitcoin was purchased or sold during the quarter. The report noted that GameStop acquired 4,710 BTC between May and June using $1.3 billion raised through bond financing and has since opted for long-term holding. During the third quarter, Bitcoin's price fell from approximately $115,000 to around $110,000. GameStop's stock price dropped 5.8% on Wednesday due to sales data falling short of expectations. Since announcing Bitcoin as part of its treasury strategy, the company's stock price has cumulatively declined by over 22%. (coindesk)