CoinVoice has recently learned that, according to CoinDesk, as of the end of the third quarter, the Bitcoin held by GameStop (stock code GME) is worth $519.4 million, although the company recorded a loss of $9.2 million on its digital asset holdings during this period. Additionally, verified official documents show that GameStop still holds 4,710 Bitcoins at the end of the third quarter, unchanged from the data published 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 core business performance being weak.[Original link]