GameStop (GME), a meme-stock revolution that begun 5 years ago continues to shock the financial market. Since the reappearance of “Roaring Kitty” on “X” last year, he publishing a meme on his account and known for believing in the share and buying at first 50k at 2020.
The enthusiasm of this stock has been strong despite the fundamentals of the company that have to catch up on the valuation. Now the public is waiting for the financials of the Q1 FY2025 earnings on June 10, 2025, with a conference call scheduled at 4:00 PM ET.
After the news of the financials and accordingly to the result, the next Tuesday 10 of June the company will define the growth rate, but until now with the available information GME earnings are expected to grow 125.00% next year.
The Power of Strategy
Accordingly with Ryan Cohen CEO of GameStop. On an interview mentions his bitcoin strategy, saying: «We´re not going to call our shots out in advance. Gamestop is following Gamestops strategy».
Cohen also confirmed that GameStop has already acquired 4,710?BTC (about US?$500?million) using proceeds from its $1.5?billion convertible notes offering
He emphasized the rationale behind the move: Bitcoin offers portability, blockchain?verified authenticity, and acts as a hedge against currency devaluation, potentially even more so than gold.
GameStop´s move marks a new chapter in the company´s outgoing transformation, one that extends far beyond its origins as a video game retailer. The company signal its intention to innovate in an increasingly volatile financial enviroment. While some analyst remain cautios about this new Cohen´s strategy others consider it as a bold attempt to diversify the company´s balance sheet and position Gamestop as a modern, adaptable enterprise, whether this gamble will pay off remains to be seen, one thing is clear, Under Ryan Cohen´s lidership, GameStop is no longer playing by the same traditional rules that Wall Street have imposed, and the financial market is paying close attention.
