Could the GameStop CEO be indicating a $4.6B Bitcoin venture? Find Out

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.