Key Points
- Ryan Cohen, GameStop CEO, has sparked speculation about a possible Bitcoin acquisition due to his recent social media actions.
- GameStop could potentially announce a $4.6 billion Bitcoin purchase, making it a major corporate Bitcoin holder.
GameStop’s CEO, Ryan Cohen, has recently stirred the Bitcoin community with his social media activities.
There has been a noticeable shift in the people he follows on social media platforms, leading to speculation about GameStop’s possible involvement in cryptocurrency.
Is GameStop Planning a Bitcoin Acquisition?
One of Cohen’s significant actions was following Bitcoin Magazine, an act he hadn’t done in approximately four years. This has led to renewed discussions about GameStop potentially announcing a $4.6 billion Bitcoin purchase.
If this speculation proves accurate, GameStop would become a significant corporate Bitcoin holder, rivaling the likes of industry behemoth MicroStrategy.