Secret memecoin Nasdaq takeover has a math problem
A memecoin trader claimed to have spent $1.8 million on a secret takeover plan for a Nasdaq stock, then admitted that numbers were fabricated.
Read more (3 min) →9 stories, newest first
A memecoin trader claimed to have spent $1.8 million on a secret takeover plan for a Nasdaq stock, then admitted that numbers were fabricated.
Read more (3 min) →Gamestop has re-pledged its bitcoin (BTC) with Coinbase who has full rights to rehypthecate and commingle its $300 million worth of coins.
Gamestop’s Ryan Cohen could have bought over $1.4B worth of BTC. He hasn’t, and he just unfollowed all BTC accounts on X.
After Andrew Left got torched on his GME short in 2021, few expected him to announce another short position on the exact same company.
RoaringKitty took to Reddit to share his portfolio which appears to hold $115M in GameStop stock and ~$66M in GameStop call options.
GameStop's price has been on a rollercoaster in recent weeks, rising from $10 to nearly $65 and back down to $17 in a month.
Roaring Kitty is no longer a thesis-driven trader -- he’s just another average pump-and-dumper with a large audience.
Roaring Kitty made his return on Monday and has since posted a dozen videos and suggestive memes to his X feed.
The hype around GameStop was fuelled by the return of investment-focused social media personality Roaring Kitty.