I did not buy more gme shares, but I purchased gme Jan2026 call options The rumor on why gme hadn't bought the bitcoin was that they were waiting for bitcoin to get above $90k This was for safety in case bitcoin already topped for this cycle and was going to be in a bear market for a couple of years, losing >75% from the ath price Today bitcoin is at $91k/btc, if that rumor is true, gme should be buying bitcoin very soon
thread update: Sold all my gme shares but still holding the gme call options, made about $3k profit Part of the reason was getting impatient with no announcement from GameStop if they bought the bitcoin, and the rumor is that they will announce during their next earnings call which is in June But the main reason is that I purchased the SPAC $cep (future symbole xxi) , a bitcoin treasury strategy partnership company between Tether, Cantor and SoftBank if the GME options produce (high enough) profits, will definitely buy and hold GME for long term as long as they stay committed to the bitcoin treasury strategy
I sold all my gme shares and options, just had too many uncertainties on how committed they are to the bitcoin treasury asset strategy... gme earnings is coming up soon Code: The next earnings release for GameStop Corp. (GME) is estimated to be on or around Wednesday, June 5, 2025. GameStop typically releases its quarterly results after market close on the scheduled date.