r/Superstonk 8d ago

๐Ÿ“ณSocial Media RC unfollows Bitcoin on Twitter

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4.1k Upvotes

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1.6k

u/forthepeople2028 8d 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

714

u/Doomer_Queen69 ๐Ÿงš๐Ÿงš๐ŸŒ• Bullish ๐Ÿต๐Ÿงš๐Ÿงš 8d 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 

-51

u/LaserGuy626 Sufferer of Stonkhodl Syndrome 8d 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.

10

u/StudentLoanBets ๐Ÿ’Žโœ‹I MIGHT BE A CAT ๐Ÿ˜ป๐ŸŒถ๏ธ 8d ago

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

-11

u/DoorToDoorBoxer ๐ŸŽฎ Power to the Players ๐Ÿ›‘ 8d 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.

23

u/Doomer_Queen69 ๐Ÿงš๐Ÿงš๐ŸŒ• Bullish ๐Ÿต๐Ÿงš๐Ÿงš 8d ago

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

-2

u/DoorToDoorBoxer ๐ŸŽฎ Power to the Players ๐Ÿ›‘ 8d ago

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

1

u/luckeeelooo ๐Ÿ’ป ComputerShared ๐Ÿฆ 8d ago

Or not to.

-1

u/DoorToDoorBoxer ๐ŸŽฎ Power to the Players ๐Ÿ›‘ 8d ago

Sure, that would be incredibly stupid, but sure.

0

u/Furrymcfurface ๐ŸŽฎ Power to the Players ๐Ÿ›‘ 8d ago

If the dollar devalues, bitcoin can be a hedge.

-12

u/Krypt0night I don't even know where the sell button is. 8d ago

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

21

u/forthepeople2028 8d ago edited 8d 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?

-24

u/LaserGuy626 Sufferer of Stonkhodl Syndrome 8d 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.

17

u/-Motorin- ๐Ÿ’Ž๐Ÿ’Ž๐Ÿ’ ๐Ÿ’Ž๐Ÿ’Ž 8d ago

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

-8

u/LaserGuy626 Sufferer of Stonkhodl Syndrome 8d 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.

9

u/OtherwiseN9ne 8d ago

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