GameStop lost $9.4 million from Bitcoin in the third quarter.

GameStop (GME) announced that, as of the end of the third quarter of 2023 (November 1), the value of its Bitcoin assets was 519.4 million dollars. However, due to the decline in Bitcoin prices during this period, the company recorded a loss of 9.2 million dollars.

Following the third quarter report, GameStop shares lost 5.8 percent in value on Wednesday.