GameStop Corp., a specialty retailer, provides games and entertainment products through its stores and ecommerce platforms in the United States, Canada, Australia, and Europe. The company sells new and pre-owned gaming platforms; accessories, such as controllers, gaming headsets, and virtual reality products; new and pre-owned gaming software; and in-game digital currency, digital downloadable content, and full-game downloads. It sells collectibles comprising apparel, toys, trading cards, gadgets, and other retail products for pop culture and technology enthusiasts, as well as engages in the digital asset wallet and NFT marketplace activities. The company operates stores and ecommerce sites under the GameStop, EB Games, and Micromania brands; and pop culture themed stores that sell collectibles, apparel, gadgets, electronics, toys, and other retail products under the Zing Pop Culture brand, as well as offers Game Informer magazine, a print and digital gaming publication. The company was formerly known as GSC Holdings Corp. GameStop Corp. was founded in 1996 and is headquartered in Grapevine, Texas.

GameStop Corporation

The Trade Desk Joins the S&P 500

GameStop Corp. GME has experienced a significant decline over the past three months, with its shares plummeting 10.4%, underperforming the Zacks industry's rally of 28.9%. The company also trailed the sector’s growth of 16.8% and the S&P 500's rise of 15.1% during the same period.
GME’s Past 3 Months’ Performance
Image Source: Zacks Investment Research
The recent decline in the GME stock’s price is led by sharp revenue declines in hardware and software sales in the first quarter of fiscal 2025 amid weakening demand and the shift to digital gaming.
Regional sales contraction, including a significant drop in Europe and exit from Canada, underscores core market weakness and strategic retrenchment. Asset impairments and restructuring costs have weighed on profitability, raising concerns about sustained earnings pressure in a competitive and evolving retail landscape.
GameStop has also underperformed its peers, including Best Buy Co., Inc. BBY, Microsoft Corporation MSFT and Sony Group Corporation SONY.
In the past three months, Best Buy and Microsoft have rallied 3.3% and 30.5%, while Sony has declined 4.1%.
GME’s Performance vs. Peer Performance
Image Source: Zacks Investment Research
Closing at $24.26 in yesterday’s trading session, the GME stock stands 32.3% below its 52-week high of $35.81 reached on May 28. GameStop is trading below its 50 and 200-day simple moving averages of $26.27 and $26.02, respectively, signaling bearish sentiment in maintaining the recent performance levels.
GME Trades Below 50 & 200-Day Moving Averages
Image Source: Zacks Investment Research
The recent slide in the stock has contributed to GameStop’s discounted status. This leading video game retailer is currently trading at a compelling discount relative to its industry. The GME stock trades at a forward 12-month price-to-sales (P/S) ratio of 3.31, lower than the industry’s average of 3.75.
GME P/S Ratio (Forward 12 Months)
Image Source: Zacks Investment Research
GME trades at a premium to Best Buy (with a forward 12-month P/E ratio of 0.35) and Sony (1.80) but at a discount to Microsoft (11.87).
What’s Behind GME’s Dismal Stock Run?
GameStop’s stock has been under pressure following its disappointing first-quarter fiscal 2025 results, with total net sales plunging 16.9% year over year to $732.4 million. The decline was led by sharp drops in hardware and accessories sales, which tumbled 31.7% year over year to $345.3 million, signaling weakening demand for gaming consoles and accessories. Similarly, software sales sank 26.7% to $175.6 million, as customers increasingly opt for downloads and streaming over traditional physical games.
Regional performance further exposed GameStop’s weaknesses, with contraction in virtually all key markets. U.S. revenues, which account for the majority of the company's total revenues, declined 12.9% to $537.5 million, led by changing consumer behavior and a tough retail environment. In Canada, sales slid 10.3% to $38.2 million, and the company subsequently exited the market entirely. European operations fared even worse, plunging 47.4% to $74.8 million, as restructuring initiatives there took their toll.
Despite aggressive cost-cutting, GameStop’s operations remain unprofitable at the core level, with an operating loss of $10.8 million for the fiscal first quarter. Store-related costs continue to weigh heavily on the business, and the company’s fixed-cost structure leaves little room to adjust to the sharp declines in revenue and changing consumer trends.
Overall, steep category declines, regional market exits, and persistent operating losses paint a troubling picture of the company. As GameStop pulls back from key geographies and faces structural headwinds in physical gaming retail, questions about its ability to sustain relevance and profitability in an increasingly digital industry remain unresolved.
GME’s Strategy to Navigate Market Shifts
GameStop is in the midst of a strategic transformation, evolving from a traditional video game retailer into a technology-driven company that connects customers to games, entertainment, and a diverse assortment of lifestyle products. The company has been steadily strengthening its infrastructure and technology capabilities, aligning its operations with shifting consumer preferences and the growing digitization of both gaming and retail.
One of the standout achievements in the fiscal first quarter of 2025 was the remarkable growth of GameStop’s collectibles business. Collectibles revenues jumped 54.6% year over year to $211.5 million in fiscal first quarter, now representing 28.9% of total sales compared with 15.5% a year ago. This expansion reflects the company’s effective merchandising strategy and ability to tap into pop culture and lifestyle trends, attracting a broader, more engaged customer base beyond its core gaming audience.
Cost efficiency has also been a major focus for the company. In the fiscal first quarter, GameStop reduced its adjusted selling, general and administrative (SG&A) expenses by nearly 25%, bringing them down to $225.3 million from $299.5 million a year earlier. As a percentage of net sales, adjusted SG&A declined by 320 basis points to 30.8%, underscoring the company’s disciplined approach to streamlining operations.
The above-mentioned improvements contributed to a 3.4% increase in gross profit, which rose to $252.8 million, and a substantial 680-basis-point expansion in the gross margin, which reached 34.5%. Together, these gains demonstrate GameStop’s ability to optimize its cost structure while maintaining operational effectiveness.
The impacts of these efforts were clearly visible in the company’s bottom-line performance. Adjusted net income rose to $83.1 million from an adjusted loss of $36.7 million, while adjusted EBITDA improved to $38.6 million and adjusted operating income reached $27.5 million. These results reflect the success of GameStop’s restructuring initiatives and its progress toward sustainable profitability.
In addition to operational improvements, the company has significantly strengthened its financial position. At the end of the quarter, GameStop held more than $6.4 billion in cash, cash equivalents, and marketable securities, up from $1 billion a year earlier, supported by a strong free cash flow of $189.6 million and more efficient inventory management.
The company also made a bold move into digital assets with the acquisition of 4,710 Bitcoin shortly after the quarter-end, signaling its willingness to embrace emerging technologies and appeal to a digitally native customer base. With its solid liquidity, disciplined operations and strategic investments in new growth areas, GameStop is laying the groundwork to thrive in an evolving market and deliver long-term value to shareholders.
GME’s Earnings Estimates
Over the past 60 days, the Zacks Consensus Estimate for the current fiscal year has been raised by 28 cents to 75 cents a share. For the next fiscal year, the consensus estimate has moved down by 11 cents to 36 cents.
Image Source: Zacks Investment Research
How to Play GME Stock: Buy, Hold or Sell?
GameStop’s ongoing transformation efforts and cost discipline offer some encouraging signs, but they remain overshadowed by deep structural challenges and declining core revenues. The company’s retreat from key international markets, coupled with softness in its traditional business, points to a narrowing growth path.
While the surge in collectibles and a strong cash position provide near-term support, they may not be enough to offset long-term industry pressures. Given the uncertain trajectory and heightened volatility, investors who already hold GME should consider maintaining a neutral stance, while potential buyers may be better off waiting for stronger evidence of a sustainable recovery.
GME currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.
5 Stocks Set to Double
Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in the coming year. While not all picks can be winners, previous recommendations have soared +112%, +171%, +209% and +232%.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

GameStop Stock Falls 10% in 3 Months: Time to Buy, Hold or Sell?

GameStop Corp. GME delivered mixed regional results in the first quarter of fiscal 2025, as strength in the United States was overshadowed by continued weakness in international markets. Total net sales fell 16.9% year over year to $732.4 million from $881.8 million, reflecting the company’s ongoing restructuring efforts and challenges abroad.
The U.S. business remained the company’s cornerstone, posting net sales of $537.5 million, down 12.9% from the prior year. Despite lower sales, cost reductions and improved efficiency drove a turnaround to $33.6 million in operating income from a $25.3-million loss a year earlier. This marked improvement highlights the domestic market’s importance, with the United States now accounting for 73.4% of total sales.
International operations, however, continued to drag the overall performance. In Canada, net sales declined 10.3% year over year to $38.2 million, and the operating loss deepened to $22.2 million due to $18.3 million in impairment charges tied to the company’s exit from the market, which was completed after the quarter ended.
Europe faced even greater pressure, with sales plunging 47.4% to $74.8 million and losses widening to $16.8 million, weighed down by $17.2 million in impairment costs and falling demand. Australia showed modest improvement, as sales rose 2.9% to $81.9 million while operating losses narrowed slightly to $5.4 million.
These results underscore the urgent need for GameStop to focus on profitable markets and exit or restructure underperforming ones. The U.S. turnaround offers a foundation, but remaining international losses highlight the importance of decisive action to sustain its recovery and adapt to changing market dynamics.
GME’s Price Performance, Valuation & Estimates
Shares of GameStop have lost 10.8% in the past three months against the industry’s growth of 30.7%.
Image Source: Zacks Investment Research
GME has underperformed its competitors, including Best Buy Co., Inc. BBY and Microsoft Corporation MSFT. Shares of Best Buy have declined 4.3%, while Microsoft shares have risen 36.2% over the same period.
From a valuation standpoint, GME trades at a forward price-to-sales ratio of 3.30X, slightly below the industry’s average of 3.74X. It has a Value Score of D. GameStop is trading at a premium to Best Buy (with a forward 12-month P/S ratio of 0.34X) and at a discount to Microsoft (11.99X).
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for GameStop’s fiscal 2025 earnings implies a year-over-year upsurge of 127.3% and the same for fiscal 2026 indicates a decline of 52%. Estimates for fiscal 2025 and 2026 have been upbound 28 cents and southbound 11 cents, respectively, in the past 60 days.
Image Source: Zacks Investment Research
GME currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Zacks' Research Chief Names "Stock Most Likely to Double"
Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.
This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.
Free: See Our Top Stock And 4 Runners Up
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

GameStop Recovery Hinges on US Strength as Global Woes Continue

(RTTNews) - Quantum BioPharma Ltd. (QNTM), Tuesday announced the purchase of 2,000 shares of GameStop Corp. (GME), making a strategic move in line with the company's commitment to combating market corruption and enhancing shareholder value.
Moreover, the move signifies a further step in deploying capital toward undervalued assets with strong fundamentals, reflecting the company's disciplined approach to asset management amid its core focus on developing treatments like Lucid-MS for multiple sclerosis.
In the pre-market hours, QNTM is trading at $24.05, up 1.43 percent on the Nasdaq.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Quantum BioPharma Buys Shares Of GameStop

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Madrigal Pharmaceuticals Inc (Symbol: MDGL), where a total of 3,249 contracts have traded so far, representing approximately 324,900 underlying shares. That amounts to about 114.5% of MDGL's average daily trading volume over the past month of 283,775 shares. Particularly high volume was seen for the $420 strike call option expiring October 17, 2025, with 515 contracts trading so far today, representing approximately 51,500 underlying shares of MDGL. Below is a chart showing MDGL's trailing twelve month trading history, with the $420 strike highlighted in orange:
Sensient Technologies Corp. (Symbol: SXT) options are showing a volume of 4,897 contracts thus far today. That number of contracts represents approximately 489,700 underlying shares, working out to a sizeable 103.1% of SXT's average daily trading volume over the past month, of 474,815 shares. Particularly high volume was seen for the $115 strike call option expiring August 15, 2025, with 2,334 contracts trading so far today, representing approximately 233,400 underlying shares of SXT. Below is a chart showing SXT's trailing twelve month trading history, with the $115 strike highlighted in orange:
And GameStop Corp (Symbol: GME) saw options trading volume of 122,676 contracts, representing approximately 12.3 million underlying shares or approximately 100.7% of GME's average daily trading volume over the past month, of 12.2 million shares. Particularly high volume was seen for the $25 strike call option expiring July 18, 2025, with 14,484 contracts trading so far today, representing approximately 1.4 million underlying shares of GME. Below is a chart showing GME's trailing twelve month trading history, with the $25 strike highlighted in orange:
For the various different available expirations for MDGL options, SXT options, or GME options, visit StockOptionsChannel.com.
Chemicals Dividend Stocks
AEHL Average Annual Return
CPSI shares outstanding history
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Notable Wednesday Option Activity: MDGL, SXT, GME

Below is Validea's guru fundamental report for GAMESTOP CORP (GME). Of the 22 guru strategies we follow, GME rates highest using our Shareholder Yield Investor model based on the published strategy of Meb Faber. This strategy looks for companies returning cash to shareholders via dividends, buybacks and debt paydown.
GAMESTOP CORP (GME) is a mid-cap growth stock in the Retail (Specialty) industry. The rating using this strategy is 75% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
Detailed Analysis of GAMESTOP CORP
More Information on Meb Faber
About Meb Faber: Meb Faber is the founder of Cambria Investments. His research has covered a wide spectrum of the investment world, including topics like shareholder yield, trend following, global asset allocation and home country bias. His shareholder yield strategy, which is based on his book "Shareholder Yield" and forms the basis for an ETF of the same name, looks for companies that are focused on creating value for shareholders by returning cash to them in the form of dividends, share buybacks and debt paydown. Meb is also the author of 4 other books and numerous white papers on investing related topics.
Additional Research Links
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

GME Quantitative Stock Analysis

Key Points
Cathie Wood, CEO of ARK Invest, predicts Bitcoin could reach $3.8 million by 2030, driven by institutional and corporate adoption.
The trend of corporations adopting Bitcoin as a reserve asset is growing, led by Strategy, GameStop, and Trump Media.
Cathie Wood, the head of the technology-focused investment firm ARK Invest, doesn't shy away from making big bets and bold predictions. She is a vocal backer of Tesla, making it clear that she sees its robotaxi and robotics businesses changing the world -- and making trillions of dollars doing it.
Her predictions in the crypto market are just as bold, none more so than her Bitcoin (CRYPTO: BTC) price target. Wood is a huge proponent of the digital coin -- and crypto more generally -- and was one of the more influential figures in getting spot Bitcoin exchange-traded funds approved.
Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue »
During that process, she said that her firm believed that the token could be worth as much as $1.5 million by the end of the decade. (Her base-case target was $600,000, still not a bad return.)
More recently, she said that she believes that the upper target could be as high as $3.8 million by 2030. That's a roughly 3,260% return from today's price and represents a more than a 100% annual return.
The core of Wood's thesis
The upper boundary of her prediction is substantial, to say the least. So, where does she see this price appreciation coming from? There are a few catalysts, but her main argument is that increased institutional adoption will drive the bulk of it.
Her math is reasonably simple: If institutional investors allocate, on average, 5% of their portfolios, it would be enough for Bitcoin to reach those enormous heights. That may not seem like much, but 5% of all institutional money is a huge amount of capital, and it represents a significant uptick from where we are now. While it's true we are trending in that direction, there is a long way to go.
Corporate adoption
An interesting trend lately has been the corporate adoption of Bitcoin as a reserve asset. This was pioneered by Michael Saylor and his aptly named Strategy (formerly MicroStrategy).
The company has pursued an extremely aggressive purchasing program and now sits on 592,100 bitcoins, valued at almost $70 billion. Other high-profile names have since followed suit, including GameStop and Trump Media & Technology Group.
Strategy's strategy is a bold one, to say the least. The company's core software business has been delivering consistent losses for some time. It is using a mix of debt and private sales of preferred shares to finance its huge buying spree.
Its most recent sale of nearly $1 billion in preferred stock (which comes with a 10% dividend) will cost the company roughly $100 million a year. That's a big expense considering its total revenue for 2024 was just $463 million. Remember: It's already operating at a loss.
I am not a fan of the tactic, and I would not recommend investing in Strategy or companies like it that are relying on buying the crypto as their core business model. I think it's reckless.
Still, these companies may be an extreme vanguard. We could soon see public companies choose to hold more-modest amounts of Bitcoin as a treasury asset.
A solid investment, but beware the hype
Cathie Wood's predictions for Bitcoin's upside are certainly headline-grabbing. Investors would do well to take them -- and others like them -- with a pretty hefty grain of salt.
There's no denying the upside potential if widespread institutional and corporate adoption accelerates. However, the reality is that most of the larger institutions (where the lion's share of all capital is managed) will remain cautious, and aggressive corporate balance-sheet allocation from public companies is likely to remain a relatively niche strategy on the whole. Still, I think Bitcoin will continue to grow, just not at the pace Wood suggests.
Investors who are nearing retirement may want to avoid crypto altogether, but for most investors, Bitcoin is a solid addition to a well-diversified portfolio.
Should you invest $1,000 in Bitcoin right now?
Before you buy stock in Bitcoin, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $671,477!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,010,880!*
Now, it’s worth noting Stock Advisor’s total average return is 1,047% — a market-crushing outperformance compared to 180% for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor.
*Stock Advisor returns as of July 7, 2025
Johnny Rice has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin and Tesla. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

1 Top Cryptocurrency to Buy Before It Soars 3,260%, According to Cathie Wood of ARK Invest

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Core Scientific Inc (Symbol: CORZ), where a total of 123,581 contracts have traded so far, representing approximately 12.4 million underlying shares. That amounts to about 69.7% of CORZ's average daily trading volume over the past month of 17.7 million shares. Particularly high volume was seen for the $20 strike call option expiring July 03, 2025, with 19,970 contracts trading so far today, representing approximately 2.0 million underlying shares of CORZ. Below is a chart showing CORZ's trailing twelve month trading history, with the $20 strike highlighted in orange:
GameStop Corp (Symbol: GME) options are showing a volume of 151,651 contracts thus far today. That number of contracts represents approximately 15.2 million underlying shares, working out to a sizeable 66.7% of GME's average daily trading volume over the past month, of 22.7 million shares. Particularly high volume was seen for the $25 strike call option expiring July 03, 2025, with 11,629 contracts trading so far today, representing approximately 1.2 million underlying shares of GME. Below is a chart showing GME's trailing twelve month trading history, with the $25 strike highlighted in orange:
And Tiptree Inc (Symbol: TIPT) saw options trading volume of 1,062 contracts, representing approximately 106,200 underlying shares or approximately 61.8% of TIPT's average daily trading volume over the past month, of 171,915 shares. Particularly high volume was seen for the $22.50 strike call option expiring September 19, 2025, with 400 contracts trading so far today, representing approximately 40,000 underlying shares of TIPT. Below is a chart showing TIPT's trailing twelve month trading history, with the $22.50 strike highlighted in orange:
For the various different available expirations for CORZ options, GME options, or TIPT options, visit StockOptionsChannel.com.
LX Dividend History
Top Ten Hedge Funds Holding ASNA
Funds Holding EMF
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Noteworthy Monday Option Activity: CORZ, GME, TIPT

Philippe Laffont is a billionaire investor and a co-founder of Coatue Management, a hedge fund that focuses its investments on emerging themes across technology, healthcare, and cryptocurrency.
Coatue recently hosted its annual East Meets West conference, during which it published a number of findings that are fueling capital markets -- specifically, the artificial intelligence (AI) revolution.
Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More »
However, Coatue also dedicated a portion of its research to Bitcoin's (CRYPTO: BTC) performance over the last several years, and where the cryptocurrency could be headed.
In fact, Coatue forecasts that Bitcoin could reach a market capitalization of $5.2 trillion by 2030. Not only does this imply 153% upside from Bitcoin's current market value, but it suggests that it could emerge as the third most valuable asset in the world during the next five years -- trailing only Microsoft and Nvidia and surpassing the likes of Amazon, Meta Platforms, and Tesla.
Let's explore what could fuel Bitcoin to new highs during the next five years. More importantly, I'll detail several different ways in which investors can invest in the Bitcoin movement.
Bitcoin could be on its way to becoming a mainstream financial asset
For much of its history, Bitcoin has been labeled as a highly speculative asset -- and rightfully so. Between its overly pronounced volatility, rising adoption rates, and ongoing regulatory uncertainties, Bitcoin is not exactly as mainstream as the U.S. dollar, for example.
Nevertheless, cryptocurrency has gradually become more mainstream during the past several years thanks to a combination of factors.
Retail investors showed early enthusiasm for blockchain technology and how prominent cryptocurrencies such as Bitcoin or Ethereum could be used to facilitate transactions in the real world.
Over time, large financial institutions have also become more receptive to the idea of decentralized finance (DeFi) protocols playing a role in the world of payments infrastructure, as well as the idea that assets such as Bitcoin could act as hedges to inflation -- similar to the way gold and certain other alternative assets do.
In terms of utility beyond that of financial transactions, companies such as Strategy (formerly known as MicroStrategy) and GameStop have actually acquired Bitcoin to augment their balance sheets. While such moves have been polarizing from the perspective of investors, holding Bitcoin alongside cash and short-term investments is not entirely unlike Palantir's strategy of holding gold on its balance sheet a few years ago.
Some on Wall Street seem to agree with Laffont
Coatue isn't the only firm on Wall Street predicting a steep rise in Bitcoin over the next several years.
Less than a year ago, Tom Lee of Fundstrat Global Advisors projected a short-term price target between $150,000 and $250,000 for Bitcoin. During a recent interview on CNBC's Squawk Box, not only did Lee double down on his optimistic view, but he asserted that given the limited supply of Bitcoin available and its perceived value and evolving use cases relative to other hedges (i.e., gold), its long-term price target could be more in the $3 million range -- implying a $63 trillion market cap.
Cathie Wood, head of Ark Invest, is forecasting a monster upside in Bitcoin as well. Her long-term forecast of $1.5 million per coin implies a market cap of $31 trillion -- well above Coatue's projection.
Is Bitcoin a good buy right now?
The most important takeaway from the analysis explored above is not simply that prominent investors are calling for huge gains in the price of Bitcoin. It's understanding the idea that Bitcoin's fixed supply gives the asset a perceived value of rarity, and therefore exposure to the asset could be advantageous during times of economic uncertainty.
To be sure, Bitcoin remains a highly speculative and volatile item to own. If direct exposure to Bitcoin is outside of your risk profile, there are several passive ways to invest in the cryptocurrency.
For starters, investors can buy spot Bitcoin ETFs such as the iShares Bitcoin Trust or Cathie Wood's ARK 21Shares Bitcoin Trust. These funds track the price movements of Bitcoin, but do not require investors to buy the cryptocurrency directly.
Going one step further, if investors would like to hold assets with more insulated exposure to Bitcoin, they could buy shares of crypto exchanges such as Coinbase or trading applications such as Robinhood, which has a focus on crypto.
As the chart above illustrates, Bitcoin and some of its proxies have outperformed the S&P 500, Nasdaq Composite, and gold over the last year. However, it should be noted that the broader market and gold have held up quite well, too.
Given these dynamics, I do think some exposure to Bitcoin -- be it direct or indirect -- could be a useful complementary piece of a diversified portfolio. With that said, I do not see Bitcoin or the broader cryptocurrency opportunity as superior to traditional investment vehicles just yet.
Should you invest $1,000 in Bitcoin right now?
Before you buy stock in Bitcoin, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Bitcoin wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $664,089!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $881,731!*
Now, it’s worth noting Stock Advisor’s total average return is 994% — a market-crushing outperformance compared to 172% for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor.
*Stock Advisor returns as of June 23, 2025
John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Adam Spatacco has positions in Amazon, Meta Platforms, Microsoft, Nvidia, Palantir Technologies, and Tesla. The Motley Fool has positions in and recommends Amazon, Bitcoin, Ethereum, Meta Platforms, Microsoft, Nvidia, Palantir Technologies, and Tesla. The Motley Fool recommends Coinbase Global and recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Billionaire Philippe Laffont Thinks This Could Be Worth More Than Amazon, Meta Platforms, and Tesla By 2030

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in International Game Technology PLC (Symbol: IGT), where a total of 15,351 contracts have traded so far, representing approximately 1.5 million underlying shares. That amounts to about 72.8% of IGT's average daily trading volume over the past month of 2.1 million shares. Particularly high volume was seen for the $15 strike put option expiring June 20, 2025, with 3,314 contracts trading so far today, representing approximately 331,400 underlying shares of IGT. Below is a chart showing IGT's trailing twelve month trading history, with the $15 strike highlighted in orange:
CG Oncology Inc (Symbol: CGON) options are showing a volume of 6,013 contracts thus far today. That number of contracts represents approximately 601,300 underlying shares, working out to a sizeable 72% of CGON's average daily trading volume over the past month, of 834,910 shares. Especially high volume was seen for the $25 strike call option expiring June 20, 2025, with 3,001 contracts trading so far today, representing approximately 300,100 underlying shares of CGON. Below is a chart showing CGON's trailing twelve month trading history, with the $25 strike highlighted in orange:
And GameStop Corp (Symbol: GME) options are showing a volume of 189,999 contracts thus far today. That number of contracts represents approximately 19.0 million underlying shares, working out to a sizeable 70.9% of GME's average daily trading volume over the past month, of 26.8 million shares. Especially high volume was seen for the $24 strike call option expiring June 20, 2025, with 13,309 contracts trading so far today, representing approximately 1.3 million underlying shares of GME. Below is a chart showing GME's trailing twelve month trading history, with the $24 strike highlighted in orange:
For the various different available expirations for IGT options, CGON options, or GME options, visit StockOptionsChannel.com.
Also see:
EAC Insider Buying
Institutional Holders of FCRM
Institutional Holders of VRA
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Periodand min./max. price, $	Price change, %		Volatility, %		Volume, $
Periodand min./max. price, $	GME	Industry	GME	Industry	Volume, $
Yesterday 23.8 - 24.8	-0.52	50.29	6.03	1.65	163.17M
Week 23.1 - 24.8	3.36	50.01	7.29	3.43	951.21M
Month 22.5 - 24.8	5.65	40.08	10.78	8.61	3.47B
3 Months 21.5 - 35.8	-10.21	27.84	27.77	19.63	17.31B
6 Months 20.7 - 35.8	-14.02	45.05	41.66	29.07	27.83B
Year 18.7 - 35.8	-3.25	36.77	64.85	41.89	52.71B
3 years 10.0 - 64.8	-34.02	160.65	183.65	80.53	156.18B
5 years 1.0 - 120.8	2,297.23	93.96	349.38	108.60	527.91B
All time 0.6 - 120.8	686.69	70.58	—	—	486.30B

GameStop Corporation

Price and volatility history

Risk ratios