Traders work under Gamestop Corp. On the ground of the New York Stock Exchange (NYSE) in New York, the United States, on Friday, June 7, 2024.
Michael Nagil Bloomberg Gety pictures
shares Gamestop and Microstrategy On Monday’s ascension after Ryan Cohen, CEO of Video Games Retail, published a picture with Michael Sailor, co -founder and head of the company’s biggest holder in Bitcoin.
Gamestop, the favorite of merchant Meme shares, increased more than 7 %, while Microstrategy, which was recently renamed “strategy”, has increased, shares of up to 4 %. Cohen uploaded the image during the weekend to X, raising speculation that Gamestop is planning another strategy about Crypto. Microstrategy shares are traded by 1 %.
The video game company has expanded digital services in recent years by providing encryption portfolios that allow users to manage encrypted symbols and non -encryption symbols. However, the company closed the service in 2023, noting “organizational uncertainty.”
Cohen, co -founder of Chewy, bought contributing to Gamestop in 2020 and joined the painting in 2021 where Gamestop became one of the main stocks in Meme Trading Mania.
His experience in e -commerce fueled hopes that he can help update the retailer of bricks and mortars, but the company is still struggling to adapt to spending habits by the players. Trading in shares is still very volatile and speculative as the “Roaring Kitty” shares continues to stimulate the purchase of retailers.
The Silor strategy also has a base of fans of retail investors, as the company described its aggressive strategy to buy bitcoin. Last year, the company raised billions of dollars by selling shares or convertible bonds for the only purpose of buying more bitcoin.
Last week, the strategy said it was almost mid -road to achieve its ambitious goal of raising the capital because it was in a purchase throughout the post -election rally. As of Monday, the strategy has approximately $ 47 billion in Bitcoins in its public budget, about 2.5 % of the total offer.
