Gumi crypto profit soars: game sales decline
Source: CoinWorld
Time: 2025-09-15 10:15:36
Tokyo-based mobile game developer Gumi reported a significant turnover of quarterly profit, with net profit soaring to $8.4 million from a loss of $1.13 million a year ago, thanks to $7.4 million non-operating income from Bitcoin holdings and planned XRP acquisitions. Although core game revenue fell 52.5% to $9.2 million due to restructuring and asset sales, cryptocurrency investment offset the decline, with management stressing that blockchain projects are the key driver of future profitability.