On August 9, Gamestop CEO Ryan Cohen suddenly unfollowed all bitcoin-related accounts on the X platform, a move that drew attention on social media.
Gamestop currently holds around $550 million worth of 4,710 bitcoins, just one-third of the amount the company has planned to buy since April. Despite this, Cohen's investment attitude has been seen as lacking enthusiasm, even being called "worthless" and "non-Bitcoin proponent" by critics. In addition, Cohen has been nicknamed "Rugpull Ryan" to point out that its stock price has fallen 80% from its all-time high.
Although Gamestop raised $1.48 billion through a bond sale in April that it claimed would be used to buy bitcoin and the company's operations, Cohen used only about a third of that money to buy bitcoin.
Gamestop CEO Ryan Cohen massive customs clearance of bitcoin-related accounts
2025-08-09 05:46:17
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
Gamestop首席执行官Ryan Cohen大规模取关比特币相关账户Next article：
ETH市占率达12.8%，创今年以来新高
