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GameStop Acquires 4,710 Bitcoin to Diversify Assets

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GameStop Acquires 4,710 Bitcoin to Diversify Assets

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GameStop ( (GME) ) just unveiled an update.

On May 28, 2025, GameStop Corp. announced the purchase of 4,710 Bitcoin. This strategic move highlights GameStop’s ongoing efforts to diversify its assets and potentially strengthen its financial positioning in the evolving digital economy.

The most recent analyst rating on (GME) stock is a Sell with a $13.50 price target. To see the full list of analyst forecasts on GameStop stock, see the GME Stock Forecast page.

Spark’s Take on GME Stock

According to Spark, TipRanks’ AI Analyst, GME is a Neutral.

GameStop’s overall stock score is driven by strong technical momentum and a solid balance sheet, tempered by challenges in financial performance and valuation concerns. The high P/E ratio and lack of dividend yield raise valuation red flags, while the absence of recent earnings call insights limits clarity on strategic direction.

To see Spark’s full report on GME stock, click here.

More about GameStop

GameStop Corp. operates in the retail industry, primarily focusing on video games, consumer electronics, and gaming merchandise. The company is known for its network of retail stores and its efforts to pivot towards digital and e-commerce solutions.

Average Trading Volume: 11,578,379

Technical Sentiment Signal: Strong Buy

Current Market Cap: $15.66B

See more insights into GME stock on TipRanks’ Stock Analysis page.

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