Posted:
- Ryan Cohen’s social media shift sparked speculation about GameStop’s Bitcoin acquisition.
- Could GameStop’s $4.6 billion cash reserve lead to a major Bitcoin purchase?
GameStop CEO Ryan Cohen has sparked fresh waves of speculation in the Bitcoin [BTC] community with his latest moves on social media.
His recent actions, particularly a subtle shift in the people he follows on X (formerly Twitter), have led many to wonder if the iconic video game retailer is gearing up for a massive crypto play.
Cohen’s decision to follow Bitcoin Magazine for the first time in nearly four years has reignited chatter that GameStop could soon announce a $4.6 billion Bitcoin acquisition.
If true, such a move would catapult the company to the ranks of major corporate Bitcoin holders, rivaling industry giant MicroStrategy.
GameStop Bitcoin: Cohen’s recent actions
Samantha is a full-time crypto journalist with 2 years of writing experience in the field. Her key area of interest is the political ramifications of crypto-centric laws around the world. An avid market trader, Samantha also has a keen eye for price anomalies on trading charts.