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🚨 GameStop is preparing to sell Bitcoin? CEO Ryan Cohen hints at 'transformational' moves!
American retail giant GameStop ($GME) is once again in the spotlight of the cryptocurrency world. After transferring all of its 4,710 BTC (approximately $368 million) to Coinbase Prime, CEO Ryan Cohen made significant remarks.
Core content of Cohen's interview with CNBC:
New focus: Cohen plans a 'very, very large-scale' acquisition of a major publicly traded consumer goods company. Preparing to sell BTC? Although the CEO did not directly confirm a sale, he stated the new strategy is 'more attractive than holding Bitcoin.' Billion-dollar goal: Cohen's aim is to turn GameStop into an industry giant with a market value of hundreds of billions of dollars.
Why is this important?
The asset transfer to the exchange, combined with the grand acquisition plan, has fueled market speculation that GameStop may completely liquidate its cryptocurrency position to raise funds needed for the acquisition. Following this news, GME's stock price soared by 8.25%.
Will this be the end of GameStop's 'Bitcoin experiment', or merely an optimization of reserve assets?🧐
#GameStop #BTC #RyanCohen #加密货币新闻
#Bitcoin
American retail giant GameStop ($GME) is once again in the spotlight of the cryptocurrency world. After transferring all of its 4,710 BTC (approximately $368 million) to Coinbase Prime, CEO Ryan Cohen made significant remarks.
Core content of Cohen's interview with CNBC:
New focus: Cohen plans a 'very, very large-scale' acquisition of a major publicly traded consumer goods company. Preparing to sell BTC? Although the CEO did not directly confirm a sale, he stated the new strategy is 'more attractive than holding Bitcoin.' Billion-dollar goal: Cohen's aim is to turn GameStop into an industry giant with a market value of hundreds of billions of dollars.
Why is this important?
The asset transfer to the exchange, combined with the grand acquisition plan, has fueled market speculation that GameStop may completely liquidate its cryptocurrency position to raise funds needed for the acquisition. Following this news, GME's stock price soared by 8.25%.
Will this be the end of GameStop's 'Bitcoin experiment', or merely an optimization of reserve assets?🧐
#GameStop #BTC #RyanCohen #加密货币新闻
#Bitcoin
GME stock price surged by 5%, reaching a new high for this phase! CEO Ryan Cohen made a huge purchase of 1 million shares while closing stores, increasing his ownership to 9.3%, valued at $930 million, demonstrating long-term bullish confidence.
On the same day, GME announced the closure of another 470 stores in the U.S., bringing the total to over 1,000, with plans to ultimately retain 2,000 stores. Although the company faces declining revenue and setbacks in its Bitcoin vault strategy, it holds over $7.5 billion in cash, with a strong balance sheet. A 16% short position could trigger a short squeeze.
#GME #美股震荡 #RyanCohen
On the same day, GME announced the closure of another 470 stores in the U.S., bringing the total to over 1,000, with plans to ultimately retain 2,000 stores. Although the company faces declining revenue and setbacks in its Bitcoin vault strategy, it holds over $7.5 billion in cash, with a strong balance sheet. A 16% short position could trigger a short squeeze.
#GME #美股震荡 #RyanCohen
GameStop Jumps 9.66% as Ryan Cohen Meets Bitcoin Legend Michael Saylor – BTC Partnership Next?
According to Odaily, GameStop (GME) stock surged significantly on Monday following a cryptic post by CEO Ryan Cohen on X (formerly Twitter). The post featured a photo with Michael Saylor, the founder of MicroStrategy and a well-known Bitcoin (BTC) advocate. This meeting has sparked widespread speculation that GameStop may be venturing into the cryptocurrency space, potentially exploring Bitcoin-related initiatives.
The stock price of GameStop (GME) jumped 9.66%, reaching $27.12, as reported by Google Finance. While Cohen’s post did not reveal specific details, the collaboration with Saylor—a prominent figure in the Bitcoin and blockchain industry—has fueled rumors of a possible crypto partnership or Bitcoin integration into GameStop’s business model.
Key Highlights:
GameStop (GME) stock surges 9.66% after Ryan Cohen’s meeting with Michael Saylor.Speculation grows around GameStop entering the Bitcoin and crypto market.Michael Saylor, a Bitcoin maximalist, could play a key role in GameStop’s potential crypto ventures.No official statement from GameStop or Ryan Cohen regarding the meeting’s purpose.
This development has caught the attention of both stock market and crypto enthusiasts, as GameStop continues to be a focal point in the meme stock and digital asset communities. Could this be the beginning of GameStop’s foray into Bitcoin and blockchain technology? Stay tuned for updates!
#Bitcoin #GameStop #Crypto #MichaelSaylor #RyanCohen
The stock price of GameStop (GME) jumped 9.66%, reaching $27.12, as reported by Google Finance. While Cohen’s post did not reveal specific details, the collaboration with Saylor—a prominent figure in the Bitcoin and blockchain industry—has fueled rumors of a possible crypto partnership or Bitcoin integration into GameStop’s business model.
Key Highlights:
GameStop (GME) stock surges 9.66% after Ryan Cohen’s meeting with Michael Saylor.Speculation grows around GameStop entering the Bitcoin and crypto market.Michael Saylor, a Bitcoin maximalist, could play a key role in GameStop’s potential crypto ventures.No official statement from GameStop or Ryan Cohen regarding the meeting’s purpose.
This development has caught the attention of both stock market and crypto enthusiasts, as GameStop continues to be a focal point in the meme stock and digital asset communities. Could this be the beginning of GameStop’s foray into Bitcoin and blockchain technology? Stay tuned for updates!
#Bitcoin #GameStop #Crypto #MichaelSaylor #RyanCohen
🚨 JUST IN: GameStop CEO Ryan Cohen calls #Bitcoin “a hedge against inflation and global money printing.”
🔍 When meme stocks meet sound money... is $BTC the new GME?
#Crypto #Bitcoin #RyanCohen #InflationHedge #CryptoNews
🔍 When meme stocks meet sound money... is $BTC the new GME?
#Crypto #Bitcoin #RyanCohen #InflationHedge #CryptoNews
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