PANews|12月 11, 2025 00:43
[GameStop's Q3 Bitcoin Holdings Shrink by $9.4 Million Compared to Q2]
According to CoinDesk, as of the end of the third quarter (November 1), GameStop (stock ticker GME) held Bitcoin valued at $519.4 million. However, the company recorded a $9.2 million loss in digital asset holdings during this period. Additionally, official documents verified by PANews confirm that GameStop still held 4,710 Bitcoins at the end of the third quarter, unchanged from the data disclosed in the second-quarter financial report.
Due to sales performance falling short of investor expectations, the company's stock price dropped 5.8% on Wednesday. Since GameStop announced its Bitcoin plan in March, its stock price has fallen by more than 22%, as investors weigh the risks of holding cryptocurrency against the impact of the company's weak core business performance.
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