Microstrategy, with a BTC with 478,740 BTC, is the public company which holds the greatest number of Bitcoin tokens. It was in 2024 in the adoption of an aggressive BTC investment plan, although it entered the market in 2020 itself. Last year, the company raised up to 257,259 BTC tokens.
Recently, he has openly called the best companies, even Microsoft, to consider his BTC investment strategy. Many companies have come forward to show interest in following the imprint of MSTR.
Interestingly, there are rumors that the next major player to adopt the MSTR BTC investment strategy could be Gamescop. In particular, as soon as rumors attracted attention, the price of GME began to climb. Here is what you need to know about developments on the GameStop market.
Bitcoin Buzz stimulates GameStop stock
On February 8, GameStop CEO Ryan Cohen published a photo, which shows it next to the co-founder of Microstrategy, Michael J. Saylor.
This is the event that sparked rumors on the possible adoption of MSTR BTC strategy by GME. On the first day of the market after the event (February 10, 2025, Monday), the price of GameStop Corporation has greatly jumped by around 6.31%. At one point on February 11, the GME price reached $ 27.76. Today, the market has increased by almost 2.25%.
The story of Gamestop crypto
Once Gamescop was a leading player in the web3 industry. He even had a nft market. However, last year, he had to close his commitments on the market because he failed to overcome certain regulatory challenges.
The political climate in the United States moved in favor of the web3 industry in late 2024, when Pro-Crypto chief Donald Trump beat Kamala Harris, who represented a cryptocurrency regime.
If rumors in terms of Gamestop to enter the cryptography market are true, the political change and the planned creation of a regulatory framework of Crypto Claire by the Trump administration may have encouraged the company to rethink its position on cryptographic industry.
The same stock factor
It is not surprising that a minor social media buzz has created extreme excitement on the Gamescop market. GameStop is generally known as a stock of memes. A stock, which is strongly influenced by social media and online communities, is generally called a stock of memes.
At the start of this week, GME’s price was $ 25.50. In the past five days, the market has grown growth of 5.57%. In the past 24 hours only, it has increased by more than 1.35%. Currently, the GME price amounts to $ 26.34.