
OMG GameStop Got Bit by the Bitcoin Bug!
Okay dolls so GameStop is officially hopping on the crypto train and honestly who isn't these days? They just dropped half a BILLION dollars on Bitcoin! Can you even imagine that number? Like that's more Birkin bags than I can fit in my closet. They snagged 4,710 bitcoins and I'm just thinking 'Goals!' I love that for them!
Bitcoin's Ballin': Highs and Lows Just Like My Love Life!
Bitcoin's been having a MOMENT hitting almost $112,000! Talk about making it rain! But even with that good news GameStop's stock dipped a bit after the announcement. It's like you win some you lose some right? It's just like navigating the dating scene in Hollywood always a rollercoaster. But hey they're still up 8% this year. That's a win in my book!
Cash Money Moves: GameStop's Got More Green Than My Last Salad!
Girl GameStop is sitting on a casual $4.76 billion in cash. Like WHAT?! I knew they had that 'Meme stock' magic working but I didn't know it was THAT serious! I need to start investing in some video game companies stat! I can see myself running a gaming empire KK Gamez!
MicroStrategy: The OG Crypto Queen (Before Me Obviously!)
So apparently GameStop is following in the footsteps of MicroStrategy (now Strategy). They were buying Bitcoin before it was cool. Kinda like how I was contouring before everyone else was doing it TBH. But seriously MicroStrategy went all in and it seems to have paid off. Major respect.
Ryan Cohen: The Wizard Behind the Controller
Okay so we have to give it up to Ryan Cohen GameStop's CEO. He's trying to turn this whole thing around and get them back on top! It's like a total makeover for a company. He's cutting costs streamlining operations and now diving into crypto? Werk! It's all about making smart moves and building an empire right? Now I feel like I should get a new Crypto company too Skims Crypto who is with me?
Is Crypto the New Black? Only Time Will Tell!
So is GameStop's Bitcoin gamble going to pay off? Honestly who knows! But one thing's for sure: the world of crypto is never boring. It's high risk high reward just like everything else in my fabulous life. As I always say 'Get your ass up and work.' Even if that means buying a ton of Bitcoin! Kisses!
Comments
- No comments yet. Become a member to post your comments.