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After a few months away from the reflector, Gamescop becomes a turbulent return that no one leaves indifferent. The famous video game brand, which has become an icon of the phenomenon of the “even warehouse”, is now planning to invest in Bitcoins. This reputation was enough to perform the GME event by 20 % in the subsequent market. What pleases crypto investors, already cooking after a mysterious photograph of Ryan Cohen with Michael Saylor.
Gamestop and Bitcoin: Wedding of Reason or Risky Bets?
Gamesop and Solana is the same whose financial health oscillates between hope and uncertainty, could soon be connected to a very closed club of diminished companies holding bitcoins. According to several sources, the company actively examines Possibility to obtain BTC with cash flows $ 4.6 billion.
A movement that would remember that Microsthegs, a pioneer of the genre under the leadership of Michael Saylor.
If this strategy would take place, it would mean Break Point for Gamesopwho is desperately looking for a viable economic model. Some consider it a masterpiece to escape stagnation, others are a dangerous decline in the unknown.
The skeptical Peter Schiff himself was not long responded:
” Gamescop, a viable business plan, tries the last blow by announcing that he can buy bitcoins. Ironically, the BTC is even more over -evaluated than GME. »»
On the other hand, the spectrum is supported by investors as well as Peter Hasselblad, this idea of enthusiasm:
” If Ryan Cohen does not create bitcoin cash, it will be the most amazing decision in the history of the stock exchange. »»
Between enthusiasm and cynicism, GamesCOP is at the core of the debate more than ever.
Some key characters:
- Gamestop has seen his action in a year almost double;
- The announcement increased the title by 20 % in the market;
- Microstrategy, renamed strategy, currently has several billion dollars in BTC.
A new crypto adventure for gamestop
Gamesop’s interest in crypto was not born. In 2022, the company has already tried to launch Crypto wallets for management of nft and tokens. The project was interrupted in 2023, officially because of ‘ regulatory uncertainty ».
Today it seems that the company is ready experienceBut this time at a completely different level.
The involvement of Ryan Cohen, the architect of the gamestop restoration, is carefully examined. Since he joined the Board of Directors in 2021, the entrepreneur has been brave, but often criticized the decision.
Recent Publication Photography with Michael Saylor He just fired speculation on X. Although the founder of Microstratega does not have any official role in this strategic reflection, it is obvious between the two companies.
The gamestop, which has so far focused on reducing the cost and optimize its operations, could easily see the opportunity to diversify and profitability in Bitcoin.
It remains to be found whether this bet will be the winner or whether it is another episode of the series of the stock market around GME.
Finally, Gamesop is no longer the same company. The retail giant, formerly perceived as dinosaur suspended video games, is now exploring unpublished paths. Ironically, a few months ago, his CEO Matt Furlong was released, officially for his crypto and hints of NFT. Today it seems that his spare Ryan Cohen wants to take the same way … perhaps with a better timing.
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Blockchain and crypto revolution! And the day when the impacts will be felt on the most vulnerable economy of this world, I would say against all the promises that I was there for something
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The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.