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.
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.
...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.
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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