On Monday, GameStop CEO Ryan Cohen posted a pic with MicroStrategy’s Michael Saylor.
Many noticed the place this was going, they usually have been proper – insiders say GameStop plans to take a web page from MicroStrategy’s guide and put money into Bitcoin ($BTC).
GME shares spiked over 20% on the again of the rumors, hitting $31 earlier than falling to $26.
There’s additionally an amusing correlation with the unofficial $GME token, which recorded a 32% every day enhance.
— Ryan Cohen (@ryancohen) February 8, 2025
This occurred with out Cohen himself saying a phrase. Think about the enormous leap GME inventory would make if he does go forward and purchase $BTC.
It’s doubtless the affect of this could prolong properly past GameStop.
GameStop to Comply with in MicroStrategy’s Footsteps?
GameStop has change into an emblem of retail investor unity. It’s the antipode of all issues Wall Avenue that confirmed how small merchants can come collectively to shake the ivory towers to their foundations.
The corporate’s pivot into crypto aligns completely with this rise up.
GME fell 15.95% YTD, and Cohen is evidently on the lookout for methods to extend its profitability. Monday’s image with Michael Saylor suggests he could possibly be hoping to be taught from MicroStrategy’s BTC-focused method.
For context, Saylor’s MicroStrategy started investing in $BTC in 2020 and now holds over $46.5B within the asset. MSTR inventory worth has since surged 2,083%.
Might GME expertise comparable development if GameStop follows the identical method? Undoubtedly.
Greater than that, it may set a precedent for S&P 500 firms to take crypto critically. GME is just not but a part of the S&P 500, but it surely matches the factors (market cap of at the least $12.7B) and will quickly be part of the titans.
The method makes much more sense if you happen to think about the repeated recession headwinds of the previous years. Whereas the Fed has tried to withstand the development with large fiscal stimulus and rate of interest cuts, the financial system is much from restoration.
Corporations like MicroStrategy and GameStop undertake $BTC as an inflation hedge. They guess on $BTC to keep up its worth throughout market stress, significantly as extra firms observe their lead.
By no means Miss One other GME Spike: MIND of Pepe ($MIND) Predicts Market Strikes
Some $GME token and GME inventory holders noticed a pleasant uptick of their portfolios immediately – and would possibly see even higher good points if (when) GameStop provides $BTC to its stability sheet.
Nevertheless, many discover out about all these alternatives too late. So, how do you expect them?
One answer is MIND of Pepe ($MIND), an AI agent that analyzes market information and gauges sentiment on social media to ship unique buying and selling insights.
With its skill to course of info from quite a few sources on the fly, MIND of Pepe will help its neighborhood make well timed investments and safe income.
In different phrases, MIND of Pepe equips its token holders to be the primary movers, capitalizing on the information earlier than it goes mainstream.
MIND of Pepe can be able to creating its personal tokens, which might first be out there to its early supporters at below-market costs.
The $MIND token presale kicked off in January and has already generated $6M in funding. One token now prices $0.0033188, however the worth will enhance when the undertaking reaches the $6.7M funding milestone.
After $MIND launches on exchanges, the demand ought to surge, pushing its worth even greater. This implies now could be the proper time to safe your share of tokens and stake them at 380% APY.
GME Resurrection 2.0?
The ripple results of GameStop’s potential $BTC funding may prolong far past a single inventory worth spike.
Simply because the 2021 quick squeeze rewrote the principles of retail buying and selling, GameStop’s crypto pivot may trigger a shift in how firms method treasury administration.
The query isn’t simply whether or not GameStop will put money into Bitcoin, however what number of would possibly observe.
MIND of Pepe may assist retail buyers keep forward of market-moving developments, providing insights as soon as reserved for institutional merchants. This makes it the most effective presales of the 12 months.
Nevertheless, we remind you that no good points are assured within the crypto market. All the time DYOR and diversify your portfolio to offset potential losses.
