Did GameStop CEO hint at a potential $4.6B Bitcoin move? – Details

Whereas this hypothesis is thrilling, it’s necessary to remain grounded. Regardless of the thrill, there was no official affirmation from Cohen or GameStop about any Bitcoin acquisition.

Sources state that Michael Saylor just isn’t concerned in any plans to buy Bitcoin for GameStop, suggesting the rumors may be simply that—rumors.

Moreover, GameStop’s historical past with blockchain initiatives, resembling NFTs and blockchain gaming, hasn’t yielded lasting success. This raises the query: would a BTC funding align with GameStop’s broader technique, or is it simply one other experiment that’ll fizzle out?

For now, the concept of GameStop getting into the BTC area stays speculative. Nevertheless, it’s actually a growth price watching.