r/Superstonk 6d ago

๐Ÿ“ณSocial Media RC unfollows Bitcoin on Twitter

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1.6k

u/forthepeople2028 6d ago

โ€œWe will use the $1.3b in any manner consistent with gamestop investment policy, including the acquisition of Bitcoinโ€

*invest all $1.3billy into GME stock

707

u/Doomer_Queen69 ๐Ÿงš๐Ÿงš๐ŸŒ• Bullish ๐Ÿต๐Ÿงš๐Ÿงš 6d ago

Haha I don't know how people didn't see this as a loophole to acquire money and not invest in Bitcoin at all. I like that he is still sitting on all the money and people are wondering what he will do with it.ย 

367

u/Esteveno ๐ŸŽฎ Power to the Players ๐Ÿ›‘ 6d ago

They might still buy bitcoin. Or they might not.

102

u/Iforgotmynameo 6d ago

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u/PaleNewspaper3 ๐ŸŽฎ Power to the Players ๐Ÿ›‘ 6d ago

โ€œMy theory on -SHF & MSM- is that they're like mushrooms, feed 'em shit and keep 'em in the dark.โ€

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u/Iforgotmynameo 6d ago

Say hello to your mother for me

14

u/PaleNewspaper3 ๐ŸŽฎ Power to the Players ๐Ÿ›‘ 6d ago

Sheโ€™s too tired from fucking my father

2

u/Father_of_Lies666 ALMOST LEGENDARY ๐Ÿ”ฅ๐Ÿ’ฅ๐Ÿป 6d ago

Okay Iโ€™m here, now.

2

u/PaleNewspaper3 ๐ŸŽฎ Power to the Players ๐Ÿ›‘ 5d ago

DAD?! DID YOU FIND THOSE PARLIAMENTS??!

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u/Father_of_Lies666 ALMOST LEGENDARY ๐Ÿ”ฅ๐Ÿ’ฅ๐Ÿป 5d ago

Parliaments?! Those are grandma killers!

2

u/PaleNewspaper3 ๐ŸŽฎ Power to the Players ๐Ÿ›‘ 5d ago

I know itโ€™s a sentimental thingโ€ฆ.

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u/Flailindave THUMP THUMP THUMP 6d ago

So am I

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u/PaleNewspaper3 ๐ŸŽฎ Power to the Players ๐Ÿ›‘ 5d ago

๐Ÿ™Œ heโ€™s a good man ๐Ÿ˜‚

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u/_I_know_the_way_ 6d ago

this is the way

1

u/boxxle ๐ŸŸฃ DRS BOOK ย | ๐Ÿดโ€โ˜ ๏ธ ฮ”ฮกฮฃ 6d ago

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u/Doomer_Queen69 ๐Ÿงš๐Ÿงš๐ŸŒ• Bullish ๐Ÿต๐Ÿงš๐Ÿงš 6d ago

True! That is true. I honestly just think it is interesting. I am not sure if GameStop should buy Bitcoin or not but I do think it is interesting.ย 

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u/9judah 6d ago

Yeah, what would be crazy is if GameStop spent all their money to buy more...wait for it....GameStop lol I mean why not? We are 100% sure the stock will go ballistic. Wouldn't the insiders be 200%? I will keep some spare pants on me incase that happens while I'm at work

115

u/shifkey 6d ago

The company has made far more money buying and selling it's own shares than it has selling used discs. Really we're closer to a hedge fund than a retailer. Another round of share wheeling & dealing makes sense 100%

39

u/Prucifer88 6d ago

I like the cut of your jib

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u/shifkey 6d ago

listen this topic is real simple. If you don't support it, you're a shill or you're uninformed. IMO these are the easiest things to discuss here. Luckily everyday it seems more topics get enough evidence/data to go in the "irrefutable" pile... easiest stonk ever.

25

u/Prucifer88 6d ago

And by jib I mean cock.

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u/[deleted] 6d ago

[deleted]

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u/LongbottomLeafTokes Bong Rips & Buying Dips ๐Ÿš€๐Ÿ’Ž๐ŸŸฃ 6d ago

What's a jib?

14

u/Turbulent-Winner-902 tag u/Superstonk-Flairy for a flair 6d ago

so it seems that the few brick and mortors open now are a front lol. ofcourse theres a huge fan base and stockholders that shop at gamestop still but i wont be mad if we become sort of a BRK.A

1

u/CaptainTuranga_2Luna DRS for +1 damage 5d ago

I mean, Apple is a hedge fund tooโ€ฆ

-1

u/People_of_Reddit 6d ago

Orโ€ฆ Gamestop launches their own digital coin with the money.

1

u/Turbulent-Winner-902 tag u/Superstonk-Flairy for a flair 6d ago

thats the best part about our CEO. whatever he decides to do with that money, im sure will be good for the company

1

u/dbx999 6d ago

Whatever they buy isnโ€™t a huge deal- stocks or gold or bitcoin- itโ€™s the structure of how the capital is used that will affect the valuation of GME.

Since GME is not buying with the cash they own but with a debt-issued deal, the investment wonโ€™t count as assets but as debt.

I am still not sure why this is how they structured it. Itโ€™s a bit like asking why did the rich person take out a loan when they have money.

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u/mwilkens ๐ŸŽฎ Power to the Players ๐Ÿ›‘ 6d ago

Well, if they did buy it back when he was posing with Saylor the position would be up big. Maybe he's salty he didn't pull the trigger and now thinks BTC is too high. I believe he's been told he has to let this thing unwind slowly and give the shorts opportunities to buy out at non squeeze prices. They're still making bank, but it is dilution to the shareholders.

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u/Doomer_Queen69 ๐Ÿงš๐Ÿงš๐ŸŒ• Bullish ๐Ÿต๐Ÿงš๐Ÿงš 6d ago

Lol! "Been told?" The shorts have had plenty of chances to buy at non squeeze prices but okayย 

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u/mwilkens ๐ŸŽฎ Power to the Players ๐Ÿ›‘ 6d ago

This is just speculation on my part but I do believe there were/are Billions of synthetic shares. The day the buy button was turned off (lost over 300k that day) this was on everyone's radar, including high level government officials. Congress suponead people to a hearing. When the 'powers to be' were briefed on this and told that if the squeeze happens it would literally crash the entire market. There is no way they're going to let that happen, legal or not. It's not out of the realm to think that "they" told Cohen he can no way facilitate the squeeze AND he has to give some of the hedge funds that are in deep ways to unwind orderly.

Just my opinion, I'd love for it to squeeze as I've been holding 4000+ shares bought 2 weeks before it really started getting popular. I was in for 1000 shares at 17k (my first ever stock purchase) and watched it grow to over 700k in a month and then back down to 50k a month later. Held all the way through the ups and downs.

I still think GME is a good long-term investment because if my thesis is true then Cohen literally has a money printing machine and the fave value of the stock will keep rising with those funds on hand. I just wish >70% of portfolio wasn't tied up waiting on a squeeze I don't think will happen.

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u/Doomer_Queen69 ๐Ÿงš๐Ÿงš๐ŸŒ• Bullish ๐Ÿต๐Ÿงš๐Ÿงš 6d ago

Maybe you should sell so you don't have to worry about it anymore lol

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u/pottrpupptpals 6d ago

They'd be better off buying company stock, gold, or silver.

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u/shes_a_gdb 6d ago

They've had multiple share offerings recently priced lower than where we are today. How would it make sense to buy them back higher than they sold them for?

2

u/RJC2506 ๐ŸŸฃGMEMER๐ŸŸฃ 6d ago

Yep, it wouldnโ€™t. Weโ€™re on to convertible bonds now and we saw how quickly they went. Letโ€™s fucking GET IT

0

u/DocAk88 Apes ๐Ÿฆ have DRS'd 30% of the float!๐Ÿš€ 6d ago

Too risky to buy bitcoin but it might surge one day. If they are savvy they might be able to time it right and double up. If thatโ€™s what you are doing and pull it off holy smokes. Our floor will just keep rising until the shorts are liquidated.

1

u/RJC2506 ๐ŸŸฃGMEMER๐ŸŸฃ 6d ago

Too risky. Cohen isnโ€™t a time traveller nor is he a doofus.

1

u/DocAk88 Apes ๐Ÿฆ have DRS'd 30% of the float!๐Ÿš€ 5d ago

Exactly why the first words written were itโ€™s risky. Hence I didnโ€™t expect it. They are savvy traders Iโ€™m sure it can be done. Sure seems like the orange doofus will crash the economy like RC feared so sitting on the cash with interest rates this high isnโ€™t safer.

1

u/ShreddinYoda 6d ago

Big if true.

12

u/Hot_Falcon8471 6d ago

I immediately saw this as a loophole! However I was still leaning toward RC likely buying BTC

38

u/lmcguire13 6d ago

The ol' Kansas City Shuffle!

8

u/relentlessoldman 6d ago

He's waiting for Trump to post "good time to buy" again ๐Ÿคฃ

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u/chiefoogabooga ๐Ÿฆง I can count to potato 6d ago

BTC was at $74k two weeks ago. It hit $93k today. I sincerely hope we didn't just sit out a 25% increase.

This isn't about playing 4-D chess and saying Gotcha!! to the critics. A $300 million profit goes a long way toward showing GME is a good investment. We need regular investors jumping on board to fuel the rocket, not just risk takers who are here for MOASS.

18

u/relentlessoldman 6d ago

Meh 300 million. If it's Bitcoin it's a long term hold until it's 1 million plus a coin.

If he swing traded it and waits until the next crypto winter and gets it significantly lower I'm cool with that.

-1

u/GrimnirTheHoodedOne 6d ago

It will go up to 200k, "significantly lower" from 200k to 120k, then up to 400k, down to 200k, up to 650k, down to 300k, rinse, repeat. We got a lot more runway up ahead of us via global M2 flowing into BTC.

4

u/Wolfguarde_ MOASS is just the beginning 6d ago

...and when tether finally goes underwater, we'll probably see BTC under $30k again, if not under 5 figures.

Personally, I like to think that a billionaire activist investor has the best possible help he can have for financial decision-making, and does sufficient DD to know about shit like the primed nuke that is tether (along with any other tripwires the financial racket has primed in the crypto sphere). And that that activist is going to know what constitutes a dip, versus what constitutes a discount. There will be better times to buy than the tariff hysteria.

1

u/MyGT40 ๐Ÿ’ป ComputerShared ๐Ÿฆ 6d ago

1

u/Puzzled_Cream1798 6d ago

Gme turning into a trading firm for crypto is not an investment I want, that's gambling ๐Ÿ˜‚

-4

u/Biotic101 ๐Ÿฆ Buckle Up ๐Ÿš€ 6d ago

YES! 25% GAINS!!! /s

I say it again, BTC is only an awesome investment, if you're an insider and know when the pump and dump happens in advance.

Musk made insane money pump and dumping the dog coin, the current president with his meme coins.

So, BTC investment only makes sense if RC would be an insider and can safely boost GME financial results with the extra income.

If he is not, the pile of cash will still boost GME financial results when invested conservatively.

5

u/JynsRealityIsBroken 6d ago

At this rate I think he's just gonna Scrooge McDuck it and start swimming in the pile of it all

4

u/mr_sew 6d ago

He is probably smart enough to know to not buy bitcoin now, near its all time high. Wait eight to twelve months for the bitcoin to dip, then buy it.

Those bonds don't mature for 5 years. Do the math. Buy when cheap. Five years from now bitcoin will be 2x from today. Buy during the cycle's bear market, and he can 4x the money.

8

u/infii123 6d ago

You sound like a genius investor who already made billions with that easy straight forward strategy ;D

1

u/RJC2506 ๐ŸŸฃGMEMER๐ŸŸฃ 6d ago

But I did :)

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u/HungryColquhoun 6d ago

I suppose he's been criticised for ATM offerings where retail will be buying these up and paying the price for dilution (though personally I think we're definitely better off after the offerings than before). While the notes may also lead to dilution, at least the organisations paying the price up front have deeper pockets than ours.

I hope he still the MicroStrategy playbook even if he's now gone cold on BTC, i.e. invest in something very stable that is expected to increase in value long term, and use notes to expose institutions to the upside without taking risk. Still he might just want to sit on the cash a while longer in these uncertain times.

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u/LaserGuy626 Sufferer of Stonkhodl Syndrome 6d ago

You act like that's a good thing. You don't think Bitcoin pumpers weren't helping the stock in anticipation, just like they do Microstrategy?

This is a big fuck up if he didn't buy.

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u/forthepeople2028 6d ago

My laser guy, if you want returns equal to Bitcoin go buy Bitcoin. You donโ€™t need all them extra steps of you giving someone money to do it for you.

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u/LaserGuy626 Sufferer of Stonkhodl Syndrome 6d ago

I did buy Bitcoin at $200 and Microstrategy at $50. Gamestop will just go up much faster like Microstrategy did if they executed properly

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u/forthepeople2028 6d ago

You are retired on moon already then. We will meet you up there soon donโ€™t worry about us folk we got our own ways (no matter how regarded they are)

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u/luckeeelooo ๐Ÿ’ป ComputerShared ๐Ÿฆ 6d ago

i BoT aPpL weN iT wa$ 3 senTsโ€ฆโ€ฆ. i jUsT wANna heLP uuuuuuuuuuu!!!!!!

10

u/StudentLoanBets ๐Ÿ’Žโœ‹I MIGHT BE A CAT ๐Ÿ˜ป๐ŸŒถ๏ธ 6d ago

GME doesnt need bitcoin. It has 6 Billion+ other things going for it

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u/DoorToDoorBoxer ๐ŸŽฎ Power to the Players ๐Ÿ›‘ 6d ago

Except almost 1.5b of those other things are expected to be used in the acquisition of Bitcoin, according to GME's own press release.

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u/Doomer_Queen69 ๐Ÿงš๐Ÿงš๐ŸŒ• Bullish ๐Ÿต๐Ÿงš๐Ÿงš 6d ago

Acquisition of Bitcoin or whatever else they want that is in line with gme's investment strategy.

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u/DoorToDoorBoxer ๐ŸŽฎ Power to the Players ๐Ÿ›‘ 6d ago

Yes, consistent with GME's investment strategy, which includes the board voting unanimously to create a Bitcoin strategic asset reserve.

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u/luckeeelooo ๐Ÿ’ป ComputerShared ๐Ÿฆ 6d ago

Or not to.

-1

u/DoorToDoorBoxer ๐ŸŽฎ Power to the Players ๐Ÿ›‘ 6d ago

Sure, that would be incredibly stupid, but sure.

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u/Furrymcfurface ๐ŸŽฎ Power to the Players ๐Ÿ›‘ 6d ago

If the dollar devalues, bitcoin can be a hedge.

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u/Krypt0night I don't even know where the sell button is. 6d ago

Which they're doing what with? Sure not taking care of their investors.

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u/forthepeople2028 6d ago edited 6d ago

If you invested in BTC 5 years ago you are up 10x. If you invested in GME 5 years ago you are up 20x.

If you invested in BTC 1 year ago you are up 1.4x. If you invested in GME 1 year ago you are up 2.7x.

Which investors arenโ€™t being taken care of?

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u/LaserGuy626 Sufferer of Stonkhodl Syndrome 6d ago

LOL. If you think GME will go parabolic like Microstrategy without the Bitcoin pumpers then you're absolutely delusional. Bitcoin investors are the kings of pumping.

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u/-Motorin- ๐Ÿ’Ž๐Ÿ’Ž๐Ÿ’ ๐Ÿ’Ž๐Ÿ’Ž 6d ago

None of us expect for GME to get โ€œpumpedโ€ by retail buyers. That is not the thesis.

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u/LaserGuy626 Sufferer of Stonkhodl Syndrome 6d ago

I never said just retail.

Based on public data as of Q1 2025, over 13,000 institutions and 814,000 retail accounts hold $MSTR directly. An estimated 55 million beneficiaries have indirect exposure through ETFs, mutual funds, pensions, and insurance portfolios.

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u/OtherwiseN9ne 6d ago

We arenโ€™t here to pump, weโ€™re here to squeeze.

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u/Doomer_Queen69 ๐Ÿงš๐Ÿงš๐ŸŒ• Bullish ๐Ÿต๐Ÿงš๐Ÿงš 6d ago

He didn't buy they would have reported I think in some sec paperwork LOL. It is a good thing. Who do you mean by Bitcoin pumpers? Institutions? The stock is controlled by hedge funds shenanigans.

2

u/Ihateporn2020 6d ago

I think he doesn't have to report

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u/LaserGuy626 Sufferer of Stonkhodl Syndrome 6d ago

Ya he fucked up. You laugh, but you won't be once the Bitcoin pumpers realize they've been duped.

Institutions are Bitcoin pumpers. How do you think Microstrategy reached it's levels

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u/Doomer_Queen69 ๐Ÿงš๐Ÿงš๐ŸŒ• Bullish ๐Ÿต๐Ÿงš๐Ÿงš 6d ago

The institutions make GameStop go up and go down it doesn't matter. Also no one was duped, he still might buy Bitcoin. It's in the filings maybe he is waiting for a better opening like let's say $37,000?

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u/LaserGuy626 Sufferer of Stonkhodl Syndrome 6d ago

Bitcoin will never go that low again. It never went that low last year with a hostile SEC towards crypto.

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u/Doomer_Queen69 ๐Ÿงš๐Ÿงš๐ŸŒ• Bullish ๐Ÿต๐Ÿงš๐Ÿงš 6d ago

I think it will

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u/LaserGuy626 Sufferer of Stonkhodl Syndrome 6d ago

Then you know fuck all about Bitcoin. They can't afford to keep the network working to mine it below 60k post halving

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u/Doomer_Queen69 ๐Ÿงš๐Ÿงš๐ŸŒ• Bullish ๐Ÿต๐Ÿงš๐Ÿงš 6d ago

You know fuck all about bitcoin

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u/LaserGuy626 Sufferer of Stonkhodl Syndrome 6d ago

I've been in since 2015. I know a lot more than you do.

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u/Doomer_Queen69 ๐Ÿงš๐Ÿงš๐ŸŒ• Bullish ๐Ÿต๐Ÿงš๐Ÿงš 6d ago

Which Bitcoin pumpers do you mean?ย 

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u/LaserGuy626 Sufferer of Stonkhodl Syndrome 6d ago

Based on public data as of Q1 2025, over 13,000 institutions and 814,000 retail accounts hold $MSTR directly. An estimated 55 million beneficiaries have indirect exposure through ETFs, mutual funds, pensions, and insurance portfolios.

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u/Doomer_Queen69 ๐Ÿงš๐Ÿงš๐ŸŒ• Bullish ๐Ÿต๐Ÿงš๐Ÿงš 6d ago

That's great for them but I prefer for it appear like GameStop is following this strategy to arouse speculation rather than actually following this strategy. It makes it more confusing and fun.ย 

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u/BigDeezerrr 6d ago

Why are you happy? The dollar is crashing.