Welcome to our dedicated page for Gamestop news (Ticker: GME), a resource for investors and traders seeking the latest updates and insights on Gamestop stock.
GameStop Corp. reports developments tied to its video game, collectibles and entertainment retail business, which sells hardware, accessories, new and pre-owned software, digital content, collectibles and pop-culture merchandise through stores and ecommerce platforms. Company updates commonly cover operating and financial results, expense trends, segment activity in the United States, Australia and Europe, and product initiatives aimed at gaming and collecting customers.
Recurring news also includes capital-structure and governance matters, shareholder voting topics, executive compensation actions and security-related distributions. Product and partnership announcements have included the Power Packs digital trading card platform, which connects digital pack purchases with PSA-graded trading cards held in the PSA Vault, as well as in-store and promotional collaborations linked to entertainment properties.
GameStop (NYSE:GME) reported strong Q2 2025 financial results with significant improvements across key metrics. Net sales increased to $972.2 million from $798.3 million year-over-year, while net income surged to $168.6 million from $14.8 million.
The company demonstrated improved operational efficiency with SG&A expenses decreasing to $218.8 million from $270.8 million. Operating income reached $66.4 million, compared to a loss of $22.0 million in the prior year. GameStop maintained a strong liquidity position with $8.7 billion in cash and marketable securities, plus $528.6 million in Bitcoin holdings.
GameStop (NYSE: GME) has announced it will release its second quarter fiscal 2025 financial results after market close on Tuesday, September 9, 2025. The company will provide detailed financial performance information for the quarter ending in Q2 2025.
GameStop (NYSE: GME) has scheduled its first quarter fiscal 2025 earnings release for Tuesday, June 10, 2025, after market close. The company will present its financial results and business updates for the period. Investors and interested parties can contact GameStop's Investor Relations department at (817) 424-2001 or ir@gamestop.com for additional information.
GameStop (NYSE: GME) has announced the acquisition of 4,710 Bitcoin. The announcement, made on May 28, 2025, represents the gaming retailer's first major cryptocurrency investment. The company did not disclose the purchase price or the strategic rationale behind this significant move into digital assets.
GameStop (NYSE: GME) has announced the pricing of $1.3 billion of 0.00% Convertible Senior Notes due 2030 in a private offering to qualified institutional buyers. The notes, set to close on April 1, 2025, will be unsecured obligations with no regular interest. The company expects net proceeds of approximately $1.28 billion, which will be used for general corporate purposes, including Bitcoin acquisition.
The notes' initial conversion rate is 33.4970 shares of Class A common stock per $1,000 principal amount, equivalent to a conversion price of $29.85 per share - a 37.5% premium over the current stock price. GameStop may redeem the notes after April 6, 2028, under specific conditions. Noteholders can require GameStop to repurchase their notes on April 3, 2028, at 100% of the principal amount.
GameStop (NYSE: GME) has announced plans to offer $1.3 billion in Convertible Senior Notes due 2030 through a private offering to qualified institutional buyers. The notes will be unsecured obligations with 0.00% interest rate and mature on April 1, 2030.
The initial purchasers will have a 13-day option to buy an additional $200 million in notes. Upon conversion, GameStop can choose to pay in cash, Class A common stock shares, or a combination of both. The conversion price will be based on the weighted average stock price during specific trading hours on the pricing date.
The company plans to use the proceeds for general corporate purposes, including Bitcoin acquisition according to their Investment Policy. The notes and related common stock shares will not be registered under the Securities Act and have restricted trading conditions.
GameStop (NYSE: GME) has announced a significant shift in its investment strategy as its board unanimously approved an update to the company's investment policy to include Bitcoin as a treasury reserve asset. The decision, announced from the company's headquarters in Grapevine, Texas on March 25, 2025, marks GameStop's entry into cryptocurrency holdings as part of its treasury management strategy.