Jim Cramer recently discussed GameStop Corp. (GME), the original meme stock, which saw a 3.8% increase during the recent meme stock mania. Year-to-date, the stock has lost 23%, with a 26.6% drop in June. Cramer commented on GameStop’s balance sheet, noting the firm cleaned it up with a stock offering.

Previously, Cramer mentioned GameStop’s shift to a cryptocurrency company, which he sees as an improvement over being a traditional video game retailer. He highlighted the potential in the crypto sector to drive the stock higher, but remains cautious about investing in GameStop.

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Read more at Yahoo Finance: GameStop Corp. (GME) Cleaned Up The Balance Sheet, Says Jim Cramer