GameStop CEO hints at Bitcoin investment, following MicroStrategy's success
Ryan Cohen, the CEO of GameStop, hinted at the company’s potential investment in Bitcoin by sharing a picture of his meeting with Michael Saylor, the CEO of MicroStrategy. MicroStrategy, which started investing in Bitcoin in 2020, currently holds $46.5 billion of this digital currency, with its stock value growing by 2,083%. With GameStop’s stock value declining by 15.95% since the beginning of the year, it seems Cohen is aiming to replicate MicroStrategy’s success, setting a possible trend for other large companies to invest in digital currencies.
