- Gamestops 513 million dollar Bitcoin purchase definitely follows a strategy, but the decline in sales in the operational business raises doubts about their load-bearing capacity.
- Despite high profits with crypto speculation, analysts warn of high ratings and a neglected development of the core business.
Gamestop has confirmed the purchase of 4,710 Bitcoin worth approximately $ 513 million and thus took a step that can certainly be described as a gamuchanger of his corporate policy. The company quit die Action onhowever, held back information about the average price of the BTC and the time of the individual transactions.
The investment signals a big change for the video game dealer, who has had to struggle to stabilize its core business in recent years. Since the acceptance of Bitcoin in companies increases in 2025, Gamestop’s step attracts attention not only because of its size, but also because of its timing.
The Bitcoin purchase goes back to a financing initiative announced by Gamestop in March. The company has launched a bond of $ 1.3 billion, the proceeds of which are expressly intended for the acquisition of Bitcoin.
This structure enabled Gamestop to receive money from large investors without using their own cash or selling assets. The use of convertible bonds by the company shows that more and more companies are choosing this method if they want to use Bitcoin as a strategic memory.
With this decision, Gamestop follows listed companies such as Strategy and Tesla that use Bitcoin as an alternative protection against risks. The upcoming explanations still do not contain any information about new crypto transactions and how they are kept, posted or published.
Share course driven through speculation
As CNF reported, there were already influenced news about the possible switch to cryptocurrency, before Gamestop officially confirmed his intention. In February there were rumors that the company could start a Bitcoin trasury program, the share increased by 18%.
When the company confirmed in March that Bitcoin would add to its treasury, there was a further course of 12 %. The stocks closed on May 27 at $ 35 and rose to $ 36.30 the next day. In the course of a month, the Gamestop share price increased by almost 30 %, while profits this year are around 10 %.
Even if the company grows, the basic data show a more careful view. The company’s last financial report showed a 28 % drop in sales compared to the previous year, since the retail department still has problems. Despite the influence of Bitcoin on the company value, this does not change the company’s operational challenges.
Analyst reviews and their discrepancies
Many have raised questions about the current evaluation of the company. According to the usual retail figures, the share is overvalued because the ratio ratio that runs is over 100. As of May 28, Barchart shows that only an analyst is currently working with Gamestop.
According to this analyst, the share should be sold and the price target is $ 13.50. The reaching of this low point would mean that the stock would have fallen 60 % compared to today’s booth. Even if Bitcoin could win in the future, new risks are a problem for companies with unstable income, according to the analysts.
Although the company moves towards a crypto -assisted treasury, you remain uncertain what is ahead of us. Management has not created an explicit planning of how Bitcoin revenue should be used as a replacement for the dwindling main source of income. There are only a few clearly recognizable changes, which indicates that the stock mainly depends on the market mood – speculation – and does not make a substantial profit.
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