Ryan Cohen, GameStop’s CEO, recently boosted his investment in the company by purchasing 500,000 more shares. This acquisition cost him approximately $10.78 million, with each share priced at $21.55. Following this purchase, Cohen now holds 37,347,842 shares, which equates to about 8.4% of GameStop’s total outstanding shares. This move came shortly after GameStop announced its plan to include bitcoin in its treasury reserves. Additionally, the company raised $1.5 billion through convertible notes to fund its bitcoin acquisition strategy, a move that was finalized earlier this week. GameStop’s stock experienced a slight uptick in premarket trading after a 7% drop on the previous day.
unusual_whales
@unusual_whales
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19h JUST IN: Ryan Cohen of $GME GameStop has increased his stake in the company, purchasing 500,000 shares at $21.55, increasing his ownership to 8.4% of $GME.
TARZAN
@AMCTARZAN
·
19h Bullish #moass
New SEC filing reveals Ryan Cohen has increased his #GameStop stake, now owning 37,347,842 shares. This represents 8.4% of the total GME float
YOLO! Ha
#AMC #GME
#APESNOTLEAVING
Crypto Patel
@CryptoPatel
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12h GameStop ($GME) Chairman Ryan Cohen has increased his stake once again—purchasing 500,000 additional shares at $21.55, raising his total ownership to 8.4%. Known for his strategic accumulation, Cohen began with a 10% stake in Sept 2020, growing it to 12.9% by Dec 2020. A bold
AltcoinPro
@AltcoinPro_
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10h GAMESTOP CEO GOES ALL IN!
Just scooped up $10.8M worth of $GME shares — right before announcing a Bitcoin treasury strategy.
This isn’t random. He knows what’s coming next. #Bitcoin #GME #Crypto
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