GameStop continues to HODL.
The video game retail company reported no changes to its bitcoin holdings earlier this week as part of its Q3 earnings report.
As reported by BitcoinTreasuries.NET, GameStop (GME) currently holds 4,710 BTC — an amount worth $424.7 million at current prices.
The firm purchased the BTC earlier this year as part of its overall treasury strategy. Per GameStop's earnings report, it paid $500 million at the time of its original purchase.
GameStop noted Tuesday that it "may from time to time sell some of our Bitcoin as part of treasury management operations," though any transactions on this front have yet to occur.
The firm booked a $9.2 million loss on these holdings for its Q3 earnings, reflecting recent turbulence in the digital asset market.
GameStop's stock price has fallen since its earnings release this week, sliding nearly 5% on the week. The stock is currently trading at $21.88.