#What You Need To Know
GameStop and MicroStrategy shares got a boost on Monday after GameStop CEO Ryan Cohen posted a photo of himself with MicroStrategy co-founder Michael Saylor on X. The post didn’t include any explanation, but that didn’t stop speculation from taking off. Some investors are guessing that GameStop might be considering a move into Bitcoin or crypto, given Saylor’s well-known ties to the space.
The market reaction was quick—GameStop’s stock jumped 4.8%, while MicroStrategy saw a 2% gain. The buzz around the post has fueled another round of meme-trade momentum, with investors watching closely to see if there’s more to this meeting than just a photo-op.
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#Why This Is Important for Retail Investors
Potential Crypto Tie-In – If GameStop ventures into Bitcoin or crypto, it could open new revenue streams and impact its stock valuation.
Meme Stock Momentum – GameStop has a history of retail-driven rallies; Cohen’s post could reignite speculative trading.
MicroStrategy Connection – Saylor’s Bitcoin advocacy suggests a possible strategic move involving cryptocurrency.
Short Squeeze Potential – Increased retail interest could pressure short sellers, similar to past GameStop surges.
Market Sentiment Shift – Even without confirmed news, retail traders often react to speculation, creating short-term trading opportunities.
#Relevant ETFs
Some investors prefer to invest in stocks via an exchange-traded fund for ease and reduced risk. Some relevant ETFs include the following:
ProShares Bitcoin Strategy ETF (BITO)
Grayscale Bitcoin Trust (GBTC)
Amplify Transformational Data Sharing ETF (BLOK)
VanEck Bitcoin Trust (HODL)