GameStop CEO Ryan Cohen made a bold statement about Bitcoin, claiming that its price is really $119,000. This statement has ignited discussions in the crypto community.
Ryan Cohen's Statement on Bitcoin
Ryan Cohen stated, "Bitcoin is at 119k." While the current market price is significantly lower, this comment might reflect a deeper belief in Bitcoin's real value considering inflation and long-term potential.
Possible GameStop Investments in Bitcoin
GameStop has previously shown openness to digital assets, including cryptocurrencies and NFTs. Cohen's latest comment might hint at a renewed interest in holding Bitcoin if the company sees it as undervalued or strategically important.
Strategic Signal or a Hype Move?
Some critics argue that Cohen's comment may be intended to stir hype among retail investors. However, regardless of intent, this statement highlights the connection between $GME and Bitcoin, especially amid growing institutional interest.
Ryan Cohen's assertion about Bitcoin's price has drawn attention, raising questions about possible future investments by GameStop in cryptocurrency. Regardless of intentions, it adds intrigue to two iconic investment stories.
