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Barchart
Aditya Raghunath

Dan Ives Is Betting Big on Gamestop Stock, but a Lot Is Riding on Its Collectibles Business

Dan Ives GameStop eBay GME Bitcoin Coinbase PSA

Most people view GameStop (GME) as just a video game store. But does that description fit today, given GameStop is a collectibles seller, a trading card hub, and a Bitcoin (BTCUSD) holder?

Valued at a market cap of $13.5 billion, GME stock has almost doubled over the last three years. Recently, one Wall Street analyst projected the stock to gain roughly 20% from current levels.

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