$GameStop(GME)$ Ryan Cohen is brilliant.
GME is about to raise $1.3B at 0% interest to buy Bitcoin. They don’t owe anything until 2030 — and when they do, they can pay in: • 💵 Cash • 📈 Stock • ₿ Cash equivalent (Bitcoin) This is a zero-risk, likely zero-dilution move that puts cash reserves > $6B. Anyone still shorting this or searching for a bear thesis is either negligent, stupid, or just lying.
Bery Good Explanation of this Debt Raise! No Risk and gives us $1.3 BILLION MORE TO BUY Bitcoin specifically! We then still have Board Approval to use the rest of out &4.9 Billion in cash for Additional Bitcoin purchases and/or Strategic Acquisitions! This could not get any Better!
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