Bill Gross, the famed "Bond King" and co-founder of PIMCO, believes GameStop (GME) is behaving more like Bitcoin (BTC) than a typical meme stock. In a recent Business Insider interview, Gross highlighted the decreasing volatility of GME as a key indicator. "As GameStop's volatility has decreased, it is no longer moving like a meme stock," Gross stated. He pointed out the stock's price action, noting its rise in late 2024, subsequent dip earlier this year, and rebound in May. For the past year, GME has largely traded between $20 and $35. This behavior contrasts sharply with GameStop's earlier days, when it experienced extreme volatility, soaring from $1 in 2020 to a peak of $121 in January 2021. Gross suggests the stabilized, albeit still fluctuating, trading pattern now resembles Bitcoin's market movements more closely. This perspective offers a unique lens through which to view the evolving nature of GameStop's stock. ```