From Nasdaq
June 12, 2025 7:36 am:

GameStop’s latest financial results show operating profitability, but core business continues to decline, posing a challenge for the company’s sustainability.

Investors are watching to see if GameStop can generate profits from Bitcoin to stay afloat, as its core business revenue declines by almost 17%.

Analysts remain bearish on GameStop’s outlook, with short interest and resistance at $30 suggesting potential further downside in the stock price.

Bitcoin remains a wildcard for GameStop, with forecasts predicting significant price increases that could impact the company’s stock performance.

Read more at Nasdaq.: GameStop Turns a Profit, But Core Business Keeps Shrinking