GameStop’s CEO, Ryan Cohen, simply dropped a bomb on CNBC, calling Bitcoin a “hedge towards inflation and world cash printing”. This comes proper after the corporate threw over $500 million into BTC, shopping for 4,710 cash in late Might.
Whereas some buyers are cheering the transfer as visionary, others are sweating over
GameStop $500 Million Bitcoin Guess: Visionary Transfer or Dangerous Gamble?
In a daring transfer from its retail roots, GameStop has formally joined the ranks of company Bitcoin believers. The corporate bought 4,710 Bitcoins price over $500 million in late Might 2025, making this one of the crucial vital Bitcoin buys by a public firm this yr.
CEO Ryan Cohen made it crystal clear on CNBC’s Squawk Field that this isn’t some Technique (MicroStrategy beforehand) copycat transfer. It is a strategic hedge towards inflation and the fallout of relentless world cash printing. He cited Bitcoin’s capped 21 million provide and decentralized nature as the important thing causes behind the transfer.
JUST IN: GameStop buys 4,710 BTC price $512.78 million. pic.twitter.com/1FnQg0dbNv
— Whale Insider (@WhaleInsider) May 28, 2025
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In contrast to Technique, which has basically develop into a Bitcoin ETF in company disguise, GameStop’s play appears extra cautious and hedged. The corporate isn’t trying to rebrand itself as a crypto maxi agency, however it’s positioning Bitcoin as a monetary buffer. GameStop continues to be centered on high-margin progress, particularly in its booming collectibles section, which noticed $732,4 million in Q1 2025.
Nevertheless, the funding got here with a price. Following the announcement, GameStop’s inventory slid 2%, igniting contemporary debate in regards to the knowledge of holding unstable digital property on a company steadiness sheet.
SO is that this moon mission or a monetary minefield? That’s the query buyers are battling over. With inflation fears and flat currencies on shaky floor, Cohen’s Bitcoin transfer would possibly show correct or painfully untimely. Both approach, GameStop is now not nearly video games.
Billion-Greenback Bitcoin Hypothesis
As quickly as Cohen’s Bitcoin assertion hit the information, social media, particularly CT (Crypto Twitter), exploded with opinions. The information bought amplified, however the actual warmth got here from speculations. Calling for going approach deeper and investing the entire $9 billion of money reserve into Bitcoin.
IF YOU HAVE 9 BILLION IN CASH WOULD YOU BUY $500M IN BITCOIN OR WOULD YOU PUT ALL $9 BILLION INTO BITCOIN? ASKING FOR A RETARDED FRIEND.
— The ₿itcoin Therapist (@TheBTCTherapist) July 16, 2025
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That is outrageous, however it highlights how significantly some merchants are taking this narrative. Wild.
The response has been cut up proper down the center. Bulls see this as the primary actual signal that legacy meme shares are embracing digital gold. Bears argue it’s reckless, particularly when Bitcoin’s infamous volatility can nuke portfolios in a single day.
Different folks on social media are mocking Cohen for making this severe transfer, calling him probably the most enthusiastic particular person about Bitcoin. And naturally, Ryan responds, embracing pure crypto meme fashion persona, saying he’s “loser CEO”.
JUST IN: Ryan Cohen calls himself a loser. pic.twitter.com/r64qJZaN8U
— The ₿itcoin Therapist (@TheBTCTherapist) July 15, 2025
In the end, Cohen’s transfer has pushed GameStop into a brand new period, half inventory, half crypto narrative. Whether or not it’s genius or playing stays to be seen, however one factor’s for certain. The Bitcoin crowd is watching, and so they need extra from that.
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