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【GameStop makes a big move! 4710 Bitcoins in hand, stock price soars 25%!】
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Brothers and sisters in the crypto and stock circles, are you stunned by GameStop's ($GME) recent actions?
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They directly splurged heavily to buy 4710 #Bitcoins, instantly igniting market enthusiasm, and the stock price skyrocketed 25% in a week, reaching a new high since 2022!
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This is the rhythm of transforming from a 'meme stock' to the 'king of crypto'!
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With deep pockets, GameStop: $4.78 billion in cash on hand, three consecutive quarters of profit, and raised $2.8 billion through bonds + convertible bonds, this Bitcoin purchase is simply 'money talks'! They also claim: Bitcoin is an anti-inflation + long-term value-preserving artifact, is GameStop going all in on the crypto future?
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Market ripple effect: Not only is the Bitcoin price supported, but even the $GME meme coin on Solana surged 50%! This 'meme linkage' is just too impressive! However, the short sellers are still trembling in the corner, with a 11.93% short ratio, they might get squeezed out soon~
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Risk reminder: Bitcoin price fluctuations are comparable to a roller coaster
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, can GameStop stabilize this gamble? The SEC is still watching closely, compliance issues are no joke. Analysts predict that by 2032, GameStop may hold 68,000 Bitcoins, sounds great, but this road is not easy!
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Summary: GameStop's transition from game retail to crypto pioneer is simply the 'meme evolution theory'! Is it the starting point of financial freedom, or a high-risk adventure? What do you think? Come and leave a message, let's enjoy the show together!
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