GameStop clings to $528M in BTC after $18.5M loss: is BTC the best crypto to buy for treasury strategy?

GameStop BTC [https://invezz.com/wp-content/uploads/2025/09/GameStop-BTC.png] GameStop has leaned on Bitcoin to steady its balance sheet, holding over half a billion dollars’ worth. While BTC is being called the best crypto to buy by many, smaller altcoins like MAGACOIN FINANCE are also catching attention as undervalued picks that can diversify a treasury. [https://invezz.com/wp-content/uploads/2025/09/image-911-1024x267.png] BITCOIN BOOSTS GAMESTOP’S BALANCE SHEET GameStop’s decision to purchase Bitcoin has helped offset its second-quarter losses. The company bought $500 million worth of BTC, and by the end of the quarter, those holdings grew to $528.6 million. This gave GameStop an unrealized gain of $28.6 million, helping reduce its net loss to $18.5 million. The firm now sits among a small group of listed companies using Bitcoin as a treasury strategy. By pricing its holdings using Coinbase, GameStop has aligned with industry standards, joining firms like Strategy in treating Bitcoin as a reserve asset. Hardware and software sales continued to slide, but collectibles brought in growth, surging 63% thanks to trading cards and exclusive partnerships. These sales helped cushion weak demand for consoles. Despite challenges, the addition of Bitcoin has…