GameStop has disclosed its holdings of 4,710 Bitcoin, valued at $529 million, with unrealized gains of $28.6 million as of the second quarter. The company reported a net loss of $18.5 million, an improvement from the previous quarter, while revenue declined to $674 million due to reduced hardware and software sales. GameStop also raised $270 million through convertible bonds and divested its Canadian and French operations. The company's cash and cash equivalents, excluding digital assets, stood at $6.1 billion at the quarter's end.
GameStop Reveals 4,710 BTC Holdings Amid Narrowing Q2 Losses
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