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Tag: GameStop

From Meme Stock to Bitcoin Treasury - GameStop’s Crypto Bet

From Meme Stock to Bitcoin Treasury: GameStop’s $512 Million Crypto Bet

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GameStop purchased 4,710 Bitcoin (BTC) for approximately $512–513 million, marking its first major cryptocurrency investment. The acquisition, announced on May 28, 2025, via X, follows a $1.5 billion convertible notes offering in April. GME stock rose nearly 5% in pre-market trading, reflecting investor enthusiasm. The move positions GameStop as the 13th largest public company holding BTC, aligning with the growing trend of...

Bitcoin, Front page, GameStop, News

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GameStop’s Bitcoin Investment

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GameStop’s stock likely jumped about 13% after announcing a Bitcoin investment strategy. With shares opening at $28.84 on March 26, 2025, from a close of $25.40 the previous day. The company plans to invest part of its $4.8 billion cash reserve in Bitcoin and stablecoins, following Strategy’s model. This move seems aimed at diversifying assets and attracting retail investors, given Bitcoin’s current price...

Bitcoin, Front page, GameStop, News, Strategy

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Who is Keith Gill?

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Keith Gill, also known by his online pseudonyms “Roaring Kitty” and “DeepF**kingValue,” is a financial analyst and investor who gained fame for his role in the GameStop short squeeze in early 2021. He became a central figure in the retail trading frenzy that saw GameStop’s stock price soar, primarily through his detailed analysis and enthusiastic promotion on Reddit and YouTube. Gill’s insights and...

Bitcoin, Cryptocurrencies, GameStop, People in crypto, Roaring Kitty

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GameStop and Meme Tokens Surge Amid ‘Deep Fuking Value’ Reddit Comeback

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Keith Gill, known as ‘DeepFu*kingValue’, returns to Reddit, sharing his GameStop options positions. GameStop stock and meme tokens experienced a significant surge following Gill’s return. Gill’s last post was in April 2021, when he held 200,000 GameStop shares worth $30.9 million. The Reddit post included an image of a video gamer leaning in, hinting at Gill’s active return to the market. ...

DeepFukingValue, Front page, GameStop, News

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