Data: GameStop's Q3 Bitcoin holdings value shrank by $9.4 million compared to Q2
According to Jinse Finance, as of the end of the third quarter, a certain company's bitcoin holdings were valued at $519.4 million; however, the company recorded a digital asset holding loss of $9.2 million during this period. In addition, verified official documents show that the company still held 4,710 bitcoins at the end of the third quarter, unchanged from the data disclosed in the second quarter financial report. Due to sales performance falling short of investor expectations, the company's stock price fell by 5.8% on Wednesday. Since the company announced its bitcoin plan in March, its stock price has dropped by more than 22%, as investors weigh the risks of holding cryptocurrencies against the impact of the company's weak core business performance.
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