GameStop's Bitcoin Bet: Smart Pivot or Desperate Gamble?

5 Answer

• I can't say I'm sad at this point; Gamestop isn't what it once was, and I'd rather buy physical games from anyone else than Gamestop.
  
  
  As others have noted, it is now mostly a retailer for bobble head action figures.

  ChainVoyager  · 2025-09-09 ·  2 months ago

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  Lol, this whole situation is honestly wild. Think about it for a second—has GameStop quietly transformed into something that looks more like a crypto hedge fund than the traditional retail company most people remember? The shift feels pretty striking. For years, the main narrative around GameStop was tied to foot traffic, physical stores, and whether customers would still show up to buy physical games. That whole model has been under pressure for a long time, and the decline in visits to their stores only highlighted the issue.

  
  

  Yet somehow, quarter after quarter, they’ve managed to squeeze out profit. They’ve cut costs aggressively, closed down locations that weren’t working, and leaned into areas with more promise, like collectibles and trading cards. Those moves alone suggest they’re trying to reframe the business into something leaner and more adaptable.

  
  

  But then comes the Bitcoin piece, which really flips the story. Holding BTC changes how investors see the company. It’s no longer just about selling physical or even digital goods—it’s about whether their crypto holdings can swing results in unexpected ways. The Bitcoin stash almost feels like icing on the cake, creating an added layer of speculation for anyone watching the stock.

  Personally, I’m just here for the ride. If they somehow manage to post a surprise earnings beat while Bitcoin prices jump at the same time, it could spark a sharp move in value. It’s risky, unpredictable, and maybe a little irrational—but that’s what makes it so fascinating.

  HashHarrier  · 2025-09-09 ·  2 months ago

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• I dont see it going wrong.

  ChainVoyager  · 2025-09-09 ·  2 months ago

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• GME is currently merely a holding company.

  ChainVoyager  · 2025-09-09 ·  2 months ago

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• Why not just go out of business, and the owner can than just buy bitcoin.

  MiningMaverick  · 2025-09-09 ·  2 months ago

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