Anne Czichos
Last week was not a good week for GameStop Corp. (NYSE:GME) as it dropped from over $30 to close it at $22.14. Q1 2025 results showed a miss in revenue, and the company announced
GameStop Needs An Aggressive And Coherent Crypto Business Model If It Wants To Silence The Bears
Summary
- GameStop's stock dropped after announcing a miss on Q1 revenue and $2.25B in interest-free convertible notes. Its cash and Bitcoin holdings remain substantial.
- Despite trading at a large premium to net asset value, I see GME's brand as a unique intangible asset for a potential crypto-driven business transformation.
- Other companies leveraging crypto treasuries have attracted significant NAV premiums; GME could do the same by partnering with crypto industry leaders and content creators.
- While GME hasn't yet justified its premium, I view it as a speculative buy with high potential if management embraces a bold web3 strategy and leadership.
I am a private investor based out of Toronto, Canada and I have been investing since 2003. After 8 years in Corporate Finance with a Canadian Telecom company I have decided to dedicate myself full-time to the capital markets. I write on Seeking Alpha to demonstrate my financial analysis and writing skills across a variety of industries and to take advantage of any story-based trading opportunity that may arise. My passion and greatest depth of knowledge is on Canadian small cap stocks and I consider my blog posts to be some of my best work. I am interested in any freelance opportunities that may arise outside of Seeking Alpha on Canadian or American listed stocks. Currently challenging myself to do a high volume of quality analysis.
Analyst’s Disclosure:I/we have a beneficial long position in the shares of KWM, SBET either through stock ownership, options, or other derivatives. 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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