Nasdaq ATH S&P Almost ATH Bitcoin: not even close and that despite all those treasury companies and ETFs buying up $1.5 billion in the first 3 days of the week.
Gamestop raised $1.5 billion in convertible notes in March so they didn't even use their $4.6 billion cash.
"GameStop expects to use the net proceeds from the offering for general corporate purposes, including the acquisition of Bitcoin in a manner consistent with GameStop’s Investment Policy."