Will Gamestop buy Bitcoin? Kohen and fuel rumors

In the movement that has redewed the current speculation in Bitcoin, General Manager Gamestop Ryan Cohen met with the Strategy (earlier microstrate) of the executive President Michael Sailor on Saturday. Cohen subsequently shared a photo on X, showing it together with Reactor – without giving any additional context.

The post has once again caused rumors to give Gamestop to think about Bitcoin Treasury Strategy similar to that The strategy pioneered Under Rightlor’s leadership. Significantly, this is not a new rumor, but so far there has been no specific evidence that Gamestop took over any official steps towards the BTC-Center Corporate Strategy.

Will Gamestop adopt Bitcoin?

However, the scene of two managers together powered the mine for rumors. One noted voice, Heisenberg (@ mr_divativati), commented At KS Cohen’s photo, “a subtle hint” of the upcoming BTC adoption, allowing the seller to transform into “BTC Holding Company” Mstr. “He also hinted that under such scenarios, inventory could” easily 5-10k by the end of this decade “or potentially before.

One key element of driving a chat is the strength of a fairy tale balance sheet. Tim Kotzman, host Bitcoin cashier podcast, emphasized to K of 31. October 2024. years, the retail of the games applied approximately 4.66 billion dollars in cash, cash equivalents and market securities.

He pointed out the recent changes in the investment policy of the company that provides cochen “powers to invest (…) in cryptocurries without the need to approve shareholders or committee approval.” According to the Kotzam, this policy shift opens the door scenario “Bitcoin Company”, and yet it was quick to note that “since December 2024. Years there were no public disclosures that indicate that such investments were” investments “.

“If Gamestop $ GME should invest $ 4.6 billion in BTC, it would get about 48,000 BTCs. This would make Gamestop the second largest corporate carrier Bitcoin, ranking behind microstrate and exceeds Mara Holdings,” Han akamatsu noted Via X.

BritishHodl (@ BritishHodl), enthusiast Bitcoin, published The Gamestop “Gamestop could be straw which breaks camels on the wall street of companies adopting the Reserve Strategy Bitcoin MSTR The value of shareholders. “

Meanwhile, Cripto commentator @ Prestestfiat took an aggressive attitude, suggesting This “gamestop (…) adoption of bitcoin” can create a scenario in which short sellers are found, given the potential for a sudden spike in the price of shares. The post pointed a series of steps: from the initial treasury announcement to subsequent stakes used to purchase more bitcoin-every phase potentially encourage additional gatherings and short grip.

Although very hypothetical, this argument resonates with memories of 2021. Year “Meme Stock” phenomenonDuring which the price price in the action they had a dramatic startup and inflicted large losses on some short sellers.

While the comments of traders and podcast host underlined intrigue around the possible Bitcoin spins, it is essential for noticing the gap between rumors and reality. Historically, Cohen was narrow in terms of any moves related to crypto for the company, even as well as gamestop, which in the past in the past, as well as gamestop and blockchain projects. For now, no evidence of certified evidence proposes the immediate purchase of BTC or other crypturari.

At the time of pressing, BTC was traded from $ 97,083.

Featured image created with DALL.E, chart from TradingView.com