GameStop Q2 losses narrowed, disclosing holdings of 4710 Bitcoins.

GateNews

2025-09-10 01:49:46

GME4,69%

BTC5,41%

Odaily News GameStop announced a net loss of 18.5 million USD for the second quarter, significantly narrowing from a profit of 44.8 million USD in the previous quarter. Revenue fell to 673.9 million USD, affected by a decline in hardware and software sales, although collectibles sales increased. The company purchased 4,710 Bitcoins this quarter at a cost of 500 million USD, with a year-end valuation of 528.6 million USD, resulting in an unrealized gain of 28.6 million USD, making it one of the few publicly traded companies involved in digital assets. (Decrypt)

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