GameStop（GME）最新的季度报告崩溃了，甚至5.16亿美元的比特币赌注都无法缓和打击

2025年6月10日，GameStop（GME）最新的季度报告崩溃了，甚至5.16亿美元的比特币赌注都无法缓解打击。当数字闪烁时

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）周五分享了Slid，因为这家陷入困境的零售巨头的第一季度遗漏了期望，而受虐的股票现在以平均价格目标的16％溢价交易。

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.

发生了什么：GameStop发布了超过预期的第一季度亏损和收入，缺少估计。这家电子游戏零售商还透露，它现在持有5.16亿美元的比特币（BTC），这是一项在春季进行的投资，此后在加密货币低迷的情况下失去了其价值的一部分。

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

这是GameStop收益报告的关键要点：

* 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为0.44美元，高于华尔街估计的0.21美元。一年前，GameStop报告说每股收益为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：该公司的收入为7.324亿美元，低于预期的7.8718亿美元，比上一年减少了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.

*关键亮点：GameStop股票在下班后交易中下跌了4％，消除了数周的模因乐观情绪，如果公司大肆宣传的比特币转变只是一个充满扭曲的Saga，则使投资者无法思考。

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.

今年春季晚些时候，首席执行官瑞安·科恩（Ryan Cohen）对该公司购买了4,710比特币的消息使市场感到惊讶，该公司价值五十亿美元。 R/Wallstreetbets和Crypto Twitter赞美了这一消息，其中模因“ GME = BTC 2.0”和Rocket Emojis填充了社交饲料。在短时间内，GameStop似乎有了一个新的叙述：如果销售视频游戏不起作用，也许您可​​以乘坐下一个数字淘金热。但是季度结果使得非常明显，比特币无法修复自己的需求。

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业务的骨干的物理游戏销售，比去年同期下降了23％。该公司确实提供了4480万美元的净利润 - 对去年的逆转，但分析师很快就指出，这是通过削减成本的高成本而不是有机增长来实现的。该公司的核心业务也在继续下降，尽管头条新闻，但比特币购买仅使公司的命运与加密货币世界的波动相关联。

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.

机构投资者以凄凉的眼光看待数字。对GameStop的短暂兴趣仍然是该公司可用股份的历史最高高点，并且该股票的Beta vs.比特币已经爆炸至0.72，因此现在每个加密货币回调都将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本周推出了一个新的ETF -IGME，它使投资者可以在GameStop波动率上下注，同时被比特币通话覆盖。 ETF发射引起了人们的兴趣，但并没有太大的兴奋，因为大多数交易者仍在屏住呼吸，以查看模因股票是否可以成为加密巨头，或者这只是对物质的炒作的另一部分。

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.

根据我们的GME预测，到2025年7月10日，股价将下跌至25.93美元，下降14.13％。我们指出，GME比对公允价值的评估高16％，并且波动率很高。随着尘埃落定，现在的问题是：在加密时代，GameStop时尚本身会重新生成，还是会永远降级为模因躁狂症和错过的机会的警示示例？目前，至少目前，市场的判断是明确的 - 比特币可能已经一段时间购买了GameStop，但是Hasn买了一个周转。