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The ₿itcoin Therapist
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JUST IN: Rumors are circulating CEO of GameStop, Ryan Cohen, may be attending the Bitcoin Conference this week in Las Vegas.
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Hodling bitcoin through a crypto winter.
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Time to find out if Ryan Cohen is a King. 👑
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Recently I made a post misrepresenting how much $MSTR Michael Saylor owns. While he controls ~ 40% of the voting power, he only owns ~ 10% of the shares. This number may be even less due to dilution. The point is he has skin in the game. A lot.
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Rumors are circulating CEO of GameStop, Ryan Cohen, may be attending the Bitcoin Conference this week in Las Vegas.
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If GameStop deployed all $6.2 billion into bitcoin at $80,000, they are sitting on nearly $2.1 billion in unrealized profit. Imagine if they issue more converts and repeat. This would put them at ~ 77,500 BTC. Absolutely insane.
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