GameStop: Positive Cash Flows And... Bitcoin

Jun. 11, 2025 9:39 AM ETGameStop Corp. (GME) StockGME17 Comments
Joseph Parrish
2.51K Followers
(7min)

Summary

  • GameStop has significantly improved its cash position and reduced debt, strengthening its financial stability.
  • Q1 results highlight material operational improvements in the cash flow, yet still a shrinking business.
  • The company’s recent accumulation of Bitcoin puts it in a similar camp as MSTR now, vying for "BTC yield."
  • Despite some positive aspects to Q1's results, I remain cautious about the long-term outlook with its crypto focus.

Olsztyn, Poland 13 July 2021. Golden bitcoin coin over defocused stock chart

Nastco

When I covered GameStop (NYSE:GME) last August, I spoke to its strong cash position, as well as, efforts to eliminate debt and mitigate cash burn in its surviving brick-and-mortar retail business.

Impressively, GME has made material improvements, visible in

This article was written by

2.51K Followers
I analyze securities based on value investing, an owner's mindset, and a long-term horizon. I don't write sell articles as those are considered short theses, and I never recommend shorting.Former advisory representative at Fidelity. I do my own investing now and share my research here.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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