Home
News
Details

GameStop Reports $9M Bitcoin Loss Amid Q3 Earnings Disappointment

iconBitcoinWorld
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
This is the logo of the coin.
BTC
$92,490.302.49%
GameStop reported a $9 million Bitcoin news-related loss on its 4,710 Bitcoin holdings in its Q3 earnings. The company posted $821 million in revenue, below the $980 million forecast. Shares fell 4% after the report. The loss reflects Bitcoin analysis challenges as firms navigate volatile markets.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.