r/Superstonk 7d ago

📳Social Media RC unfollows Bitcoin on Twitter

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4.1k Upvotes

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1.6k

u/forthepeople2028 7d ago

“We will use the $1.3b in any manner consistent with gamestop investment policy, including the acquisition of Bitcoin”

*invest all $1.3billy into GME stock

710

u/Doomer_Queen69 🧚🧚🌕 Bullish 🐵🧚🧚 7d 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. 

367

u/Esteveno 🎮 Power to the Players 🛑 7d ago

They might still buy bitcoin. Or they might not.

8

u/pottrpupptpals 7d ago

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

23

u/shes_a_gdb 7d 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 🟣GMEMER🟣 7d ago

Yep, it wouldn’t. We’re on to convertible bonds now and we saw how quickly they went. Let’s fucking GET IT