"Debt King" Gross: GameStop's recent stock price trend has become increasingly similar to Bitcoin
2025-08-07 06:40:18
Bill Gross, the "debt king" who made millions of dollars shorting GameStop and AMC in 2021, says the GameStop market is no longer behaving like a "meme stock", but is moving more and more like Bitcoin. The price of Bitcoin fell between early January and early April this year, and GameStop's share price also fell, but now Bitcoin has rebounded above $110,000. GameStop announced its first bitcoin purchase at the end of May this year. It currently holds about 4,710 bitcoins, worth about $537 million.
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