Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Christiaan Hetzner

GameStop CEO Ryan Cohen fuels speculation retailer will invest its $4.6 billion cash pile in Bitcoin

Michael Saylor speaks on stage during Bitcoin Conference 2023 at Miami Beach Convention Center on May 19, 2023. (Credit: Jason Koerner—Getty Images for Bitcoin Magazine)
  • Ryan Cohen recently posted an untitled picture of himself standing next to Bitcoin enthusiast Michael Saylor, the CEO of the company formerly known as Microstrategy. Now CNBC reports the GameStop CEO may use some of the cash in his war chest to buy BTC coins that have soared in value recently.

Could video game retailer GameStop morph into a Bitcoin play just like Microstrategy? 

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.