Gumi’s Cryto Profit Surges Despite Game Sales Slump

Tokyo-based mobile game developer gumi posted a sharp turnaround in quarterly profits as cryptocurrency holdings significantly boosted earnings. Despite a steep drop in core gaming revenue caused by restructuring and asset sales, the company leveraged Bitcoin gains and a planned XRP purchase to deliver strong overall financial results. Crypto Windfall Offsets Weak Game Revenue Gumi announced that first-quarter revenue declined 52. 5% year-on-year to $9 source: https://beincrypto.com/gumis-cryto-profit-surges-game-sales-slump/