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Gamestop, Microstrategy is divided growing after Ryan Cohen posts a photo with Michael Saylor


Merchants work below the Gamestop corp. On the floor of the New York Stock Exchange in New York, US, on Friday, June 7, 2024.

Michael sudden | Bloomberg | Getty Images

Stocks Gamestop and Micro -zone On Monday, they were on the rise after Ryan Cohen, the VideoGar’s Executive Director, posted a photo with Michael Saylor, co -founder and president of the largest corporate owner of Bitcoin.

Gamestop, my favorite Meme shares, has climbed to more than 7%, while Microstrateegy, which was recently played as a “strategy”, has increased by as much as 4%. Cohen conveyed the photo over the weekend to X, causing speculations that Gamestop draws a second strategy around the cryptocurrency. Microstrategy shares are the last stores 1%.

In recent years, video games has expanded to digital services offering crypto banknotes that allow users to manage their cryptocurrencies and non -smoked tokens. However, the company closed the service in 2023, citing “regulatory uncertainty”.

Cohen, co -founder Chewingbought shares in Gamestop 2020 and Joined the board 2021, when Gamestop became one of the key supplies in Wallstreetbetbets meme Trading Mania.

His experience of the e-commerce has encouraged hope that he could help modernize the brick and mortar salesman, but the company is still struggling to adapt to changing spending habits by players. Stock trading remains very unstable and speculative because the meme shares of “Roarating Kitty” continues to encourage purchase from retail investors.

Saylor’s strategy also has a fan base of retail investors because the company advertised its aggressively Bitcoin purchase strategy. Last year, the company raised billions of dollars by selling shares or convertible bonds for the sole purpose of buying more bitcoin.

Last week said the strategy Is almost half of its ambitious goal to raise capital How he went shopping throughout the Rally. As of Monday, the strategy has approximately $ 47 billion Bitcoin in its balance sheet, about 2.5% of the total supply.

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