#GameStop will be “investing” some of the $4.6 billion cash pile it accumulated by dumping #GME shares on retail apes (who are tbh significantly dumber than crypto bros, which is impressive) into bitcoin.
This follows #MichaelSaylor of #MicroStrategy's entreaties to the company a few weeks ago, because pretty clearly Saylor’s #MSTR / #STRK / #STRF ponzi scheme is running out of steam and he desperately needs other people’s money to prop up the scam.
https://www.coindesk.com/markets/2025/03/25/gamestop-to-add-bitcoin-to-balance-sheet
![& ] - R ) @ Hi, derivatives guy here. Convertible bonds are debt securitities that have to be paid off in cash if the stock price is below the conversion price, your investors will want good old fashioned fiat currency if its worth more than your stock. Hope this helps! G AT (YA Michael Saylor says, "It's not debt, it's convertible debt. #Bitcoin could go from $100K to $1K, the debt is not going to get called, there is no recourse.” MSTR Is Safe: Debt Can Be Paid Off with Stock, Even If Bitcoin Drops to a Penny! BitcoiMemesIRL = people (LTI Y’ < & LR (€ ES SRR ) E P BT Y el 1 < ‘ [y = “ EE](https://media.universeodon.com/media_attachments/files/114/060/894/775/074/021/original/3580acdd55676122.png "& ] - R ) @ Hi, derivatives guy here. Convertible bonds are debt securitities that have to be paid off in cash if the stock price is below the conversion price, your investors will want good old fashioned fiat currency if its worth more than your stock. Hope this helps! G AT (YA Michael Saylor says, \"It's not debt, it's convertible debt. #Bitcoin could go from $100K to $1K, the debt is not going to get called, there is no recourse.” MSTR Is Safe: Debt Can Be Paid Off with Stock, Even If Bitcoin Drops to a Penny! BitcoiMemesIRL = people (LTI Y’ < & LR (€ ES SRR ) E P BT Y el 1 < ‘ [y = “ EE")
