GameStop（GME）最新的季度報告崩潰了，甚至5.16億美元的比特幣賭注都無法緩和打擊

2025年6月10日，GameStop（GME）最新的季度報告崩潰了，甚至5.16億美元的比特幣賭注都無法緩解打擊。當數字閃爍時

GameStop (NYSE:GME) shares slid on Friday as the beleaguered retail giant's first quarter missed expectations and the battered stock now trades at a 16% premium to the average price target.

GameStop（NYSE：GME）週五分享了Slid，因為這家陷入困境的零售巨頭的第一季度遺漏了期望，而受虐的股票現在以平均價格目標的16％溢價交易。

What Happened: GameStop posted a smaller-than-expected first-quarter loss and revenue that missed estimates. The video game retailer also disclosed that it now holds $516 million in Bitcoin (BTC), an investment that was made in the spring and has since lost a portion of its value amid the cryptocurrency downturn.

發生了什麼：GameStop發布了超過預期的第一季度虧損和收入，缺少估計。這家電子遊戲零售商還透露，它現在持有5.16億美元的比特幣（BTC），這是一項在春季進行的投資，此後在加密貨幣低迷的情況下失去了其價值的一部分。

Here's a closer look at the key takeaways from GameStop's earnings report:

這是GameStop收益報告的關鍵要點：

* Earnings: GameStop's first-quarter earnings per share are reported to be $0.44, coming in above the Wall Street estimate of $0.21. A year earlier, GameStop had reported an EPS loss of $0.67.

*收益：GameStop的第一季度每股收益為0.44美元，高於華爾街估計的0.21美元。一年前，GameStop報告說每股收益為0.67美元。

* Revenue: The company's revenue is stands at $732.4 million, which is below the anticipated $787.18 million and shows a decrease of 17% from the previous year.

*收入：該公司的收入為7.324億美元，低於預期的7.8718億美元，比上一年減少了17％。

* Key Highlights: GameStop shares fell 4% in after-hours trading, erasing weeks of meme-fueled optimism and leaving investors to ponder if the company's much-hyped Bitcoin shift is just another sideshot in a saga full of twists.

*關鍵亮點：GameStop股票在下班後交易中下跌了4％，消除了數週的模因樂觀情緒，如果公司大肆宣傳的比特幣轉變只是一個充滿扭曲的Saga，則使投資者無法思考。

Later this spring, CEO Ryan Cohen surprised markets with the news that the firm had purchased 4,710 Bitcoin, which is half-billion dollars' worth. The news was greeted with praise by r/WallStreetBets and crypto Twitter, where memes like "GME = BTC 2.0" and rocket emojis populated social feeds. For a brief moment, it seemed GameStop had a new narrative: if selling video games doesn't work, maybe you can ride the next digital gold rush. But the quarterly results made all too obvious, Bitcoin can't repair what needs fixing on its own.

今年春季晚些時候，首席執行官瑞安·科恩（Ryan Cohen）對該公司購買了4,710比特幣的消息使市場感到驚訝，該公司價值五十億美元。 R/Wallstreetbets和Crypto Twitter讚美了這一消息，其中模因“ GME = BTC 2.0”和Rocket Emojis填充了社交飼料。在短時間內，GameStop似乎有了一個新的敘述：如果銷售視頻遊戲不起作用，也許您可​​以乘坐下一個數字淘金熱。但是季度結果使得非常明顯，比特幣無法修復自己的需求。

Physical game sales, which remain the backbone of GameStop's business, dropped 23% from the same period a year earlier. The firm did deliver a net profit of $44.8 million - a reversal of last year's, but analysts were quick to note that this was achieved through deep cost-cutting, and not organic growth. The core business of the company is also continuing to fall, and the Bitcoin buy, although headline-grabbing, has only served to associate the fortunes of the company even more closely with the volatility of the crypto world.

仍然是GameStop業務的骨幹的物理遊戲銷售，比去年同期下降了23％。該公司確實提供了4480萬美元的淨利潤 - 對去年的逆轉，但分析師很快就指出，這是通過削減成本的高成本而不是有機增長來實現的。該公司的核心業務也在繼續下降，儘管頭條新聞，但比特幣購買僅使公司的命運與加密貨幣世界的波動相關聯。

Institutional investors were looking at the numbers with a bleak eye. Short interest in GameStop remains at an all-time high of 28.5% of the company's available shares, and the stock's beta vs. Bitcoin has exploded to 0.72, so now every crypto pullback drags GME along with it.

機構投資者以淒涼的眼光看待數字。對GameStop的短暫興趣仍然是該公司可用股份的歷史最高高點，並且該股票的Beta vs.比特幣已經爆炸至0.72，因此現在每個加密貨幣回調都將GME拖延了GME。

Bitwise introduced a new ETF this week - IGME, which allows investors to place bets on GameStop volatility while being covered with Bitcoin calls. The ETF launch was met with interest but not much excitement, as most traders are still holding their breath to see whether a meme stock can become a crypto giant or if this is just another installment of hype over substance.

Bitwise本週推出了一個新的ETF -IGME，它使投資者可以在GameStop波動率上下注，同時被比特幣通話覆蓋。 ETF發射引起了人們的興趣，但並沒有太大的興奮，因為大多數交易者仍在屏住呼吸，以查看模因股票是否可以成為加密巨頭，或者這只是對物質的炒作的另一部分。

According to our GME prediction, the stock price will decline to $25.93 by July 10, 2025, by 14.13%. We point out that GME is 16% above their assessment of fair value, and volatility is high. With the dust settled, the question now is: will GameStop fashion itself anew in the era of crypto, or will it be forever relegated to a cautionary example of meme mania and missed opportunity? For the moment, at least, the market's judgment is clear - Bitcoin might have bought GameStop some time, but it hasn's bought a turnaround.

根據我們的GME預測，到2025年7月10日，股價將下跌至25.93美元，下降14.13％。我們指出，GME比對公允價值的評估高16％，並且波動率很高。隨著塵埃落定，現在的問題是：在加密時代，GameStop時尚本身會重新生成，還是會永遠降級為模因躁狂症和錯過的機會的警示示例？目前，至少目前，市場的判斷是明確的 - 比特幣可能已經一段時間購買了GameStop，但是Hasn買了一個周轉。