GameStop is preparing to add Bitcoin to its balance sheet as a treasury reserve asset. The video game retailer, which became a viral sensation among retail traders in 2021, just announced that its board has unanimously approved the move. In new SEC filings, GameStop says the move is part of the firm’s strategy to use […]
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GameStop's potential Bitcoin investment could redefine its market position, offering a hedge against inflation amid declining sales.
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Gamestop is exploring whether to add Bitcoin to its balance sheet, according to a new report. The video game retailer, which became a viral sensation among retail traders in 2021, is considering whether to buy BTC and other unnamed altcoins, reports CNBC. Gamestop (GME) shares are up about 5.5% in the last week – rising […]
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Despite the Chewy token’s near 30% rally, Gill’s cryptic post seems to suggest that he is dropping the Chewy company, not endorsing it.
A dog-themed memecoin is surging after the enigmatic return of Keith Gill, also known as “Roaring Kitty,” the individual credited with sparking the GameStop short squeeze.
After an over two-month hiatus, Gill returned to social media with a cryptic X post depicting Solana-based memecoin Chewy (CHWY). Gill shared the below image in a Sept. 6 X post:
Roaring Kitty, Chewy post. Source: Roaring Kitty
Backed, a firm specializing in real-world asset (RWA) tokenization, has launched five new tokenized equities. The newly introduced tokens represent stocks of prominent companies, offering non-U.S. investors exposure to these assets via blockchain technology. RWA Firm Backed Launches 5 Tokenized Stocks Backed‘s new tokenized equities include bMSFT (Microsoft), bGME (Gamestop), bMSTR (Microstrategy), bTSLA (Tesla), and […]
Keith Patrick Gill, also known as “Roaring Kitty,” an investor in Gamestop stock, has been sued in the Eastern District of New York for allegedly committing securities fraud. The lawsuit alleges that Gill, using social media posts on X and Reddit, orchestrated a pump-and-dump scheme by manipulating the public to purchase Gamestop (GME) and then […]Keith Gill, aka Roaring Kitty, faces a lawsuit alleging he manipulated GameStop's stock price for personal gain.
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Keith Gill — also known as "Roaring Kitty" — has become a hero of the people, but he is also a menace to stable markets.
In terms of entertainment value, the reappearance of vigilante investor Roaring Kitty has been a highlight of the year so far. The enormous volatility and questionable trading it has prompted, though, is not something to be celebrated — indeed, it is a worrying signal.
Kitty, real name Keith Gill, emerged from retirement on May 13, delighting keyboard warriors everywhere and causing a 180% surge in GameStop’s stock, which flew from $17.46 to $48.75 by the close of trading on May 14.
Just a few days later — on May 17 — the firm announced it had sold 45 million shares, capitalizing on the pump to raise nearly $1 billion for the treasury. At the same time, preliminary results predicted losses of between $27 and $37 million for the previous quarter.
Keith Gill, also known by his alias ‘Roaring Kitty,’ has significantly increased his investment in Gamestop, now holding nine million shares, which positions him as the fourth largest shareholder. His portfolio value has risen to around $268 million after he strategically exercised call options to acquire additional shares at $20 each. Gamestop’s share price fluctuated, […]
On Friday, the prominent investor Keith Gill, known by his online alias “Roaring Kitty,” conducted a livestream, arriving 25 minutes late and covered in bandages. Gamestop shares tumbled 39.38% on Friday after being halted multiple times during his broadcast. Keith Gill’s Late Appearance and Bandaged Look Coincide with Gamestop’s Sharp Drop Meme stocks ended the […]
