GameStop Posted $9.4M Loss on Bitcoin Holdings in Q3
Analysis
Price Impact
LowGamestop's reported $9.2 million loss on bitcoin holdings for q3 (ending nov 1) is a historical accounting event. the company has not sold its btc and has stated it will 'sit tight through market swings,' indicating no immediate selling pressure. the bitcoin price decline that led to this loss has already been factored into the market.
Trustworthiness
HighThe information is reported by coindesk, a reputable crypto news source, citing gamestop's official financial filings for q3, including specific figures and dates.
Price Direction
NeutralWhile the news highlights a past loss for an institutional holder, gamestop's commitment to 'sit tight' means there's no new selling catalyst. the market has already absorbed the price movements that occurred during q3. therefore, this news is unlikely to cause significant immediate bullish or bearish movement.
Time Effect
ShortThe reported loss pertains to a past financial quarter (q3, ending nov 1). as gamestop has indicated no intention to sell, the news represents historical data rather than a future market-moving event, leading to a quick absorption by the market.
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Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email GameStop Posted $9.4M Loss on Bitcoin Holdings in Q3 The firm has not announced any new bitcoin purchases since May, when it bought 4,710 BTC. By Helene Braun | Edited by Stephen Alpher Dec 10, 2025, 4:25 p.m. What to know : GameStop's (GME) bitcoin stash was worth $519.4 million at the end of its third quarter (Nov. 1). The company booked a $9.2 million loss thanks to bitcoin's price decline over the three month period. GameStop’s stock is down 5.8% on Wednesday. GameStop's (GME) bitcoin stack was worth $519.4 million at the end of the third quarter (Nov. 1), with the company recording a $9.2 million loss digital asset holdings during the period. Bitcoin BTC $ 92,089.00 fell from roughly $115,000 to about $110,000 during the three months ended Nov. 1. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy . The video game retailer likely continued to hold 4,710 BTC at the end of the third quarter, the same amount it purchased between early May and mid-June using proceeds from a $1.3 billion debt offering announced in March. Shares of the company were lower by 5.8% on Wednesday as sales results were shy of investor expectations . GameStop’s move to adopt bitcoin as part of its treasury strategy marked a major shift for the company in March, which has struggled to regain momentum since its pandemic-era meme stock surge. The firm hasn’t added to or sold any of its BTC since the initial buy, opting to sit tight through market swings. Shares have fallen more than 22% since GameStop announced the bitcoin initiative in March, as investors weigh the risks of holding crypto alongside weak core business performance. GameStop More For You Protocol Research: GoPlus Security By CoinDesk Research Nov 14, 2025 Commissioned by GoPlus What to know : As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M. GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month. Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B. View Full Report More For You Strategy Pushes Back on MSCI’s Digital Asset Exclusion Proposal By James Van Straten , AI Boost | Edited by Stephen Alpher 1 hour ago Michale Saylor and team urged MSCI to maintain neutral index standards after a plan to exclude firms with significant digital asset holdings. What to know : Strategy has submitted a formal letter to MSCI opposing its proposal to exclude companies with large digital asset holdings from global equity indices. Strategy argues DATs are operating companies, not investment funds, and should remain eligible for benchmark inclusion. The firm warns that the proposed 50% digital asset threshold is arbitrary, unworkable and risks harming innovation and U.S. competitiveness. Read full story Latest Crypto News Tether Rolls Out Privacy-Focused Health App as Expansion Into AI Accelerates 2 minutes ago Investors Are Hunting for Countercyclical Value in Privacy Coins 25 minutes ago Strategy Pushes Back on MSCI’s Digital Asset Exclusion Proposal 1 hour ago SpaceX’s $300M Bitcoin Stack Puts Crypto Inside the World’s Biggest Planned IPO 1 hour ago Most Influential: Rushi Manche 1 hour ago Most Influential: The Lazarus Group 1 hour ago Top Stories Strategy Pushes Back on MSCI’s Digital Asset Exclusion Proposal 1 hour ago Eric Trump's American Bitcoin and Anthony Pompliano's ProCap Add to BTC Holdings 2 hours ago Telegram Ring Ran Pump-and-Dump Network That Netted $800K in a Month: Solidus Labs 2 hours ago Superstate Rolls Out Direct Stock Issuance for Public Companies on Ethereum, Solana 3 hours ago SpaceX’s $300M Bitcoin Stack Puts Crypto Inside the World’s Biggest Planned IPO 1 hour ago Bitcoin Volatility Is Still Compressing, Dimming Year-End Rally Outlook 3 hours ago In this article BTC BTC $ 92,418.95 ◢ 1.89 %