
BITWU.ETH|Apr 06, 2025 01:02
🚀 GameStop's Bitcoin investment plan is titled "Project Rocket"
GameStop Rocket Program——
What you need to understand is that GameStop is not an ordinary company, it is the origin of meme stocks and a totem of retail investor sentiment.
Once it starts buying Bitcoin, the significance goes far beyond just 'how much has been bought', but rather the emotional drive and imaginative space for future value!
GameStop named its Bitcoin investment plan "Project Rocket", which I really like. I think it has two meanings:
1) Rocket "is a commonly used term among retail investors, meaning that an asset is about to" go to the moon ";
2) At the same time, echoing GameStop's "counterattack spirit" in the 2021 retail investor war against Wall Street short selling institutions, one sentence: Just do it!
This is not GameStop's first time playing 'Emotional Narrative'.
In the 2021 retail investor war against short selling institutions, GameStop became a totem of "resisting Wall Street". Nowadays, the combination of the "Rocket Project" and "Bitcoin" is once again accurately grasping the emotional password of retail investors. I think it is holding back a wave of pressure!
Similar to MicroStrategy's' Treasury Strategy ', GameStop's intention is clear:
👉 Convert a portion of the company's asset reserves into BTC
👉 Using Bitcoin narrative to complete enterprise transformation
👉 Moving closer to the crypto community and creating a new era of GME
GameStop may have already started or will soon start allocating some funds to Bitcoin! It is reported that GameStop (GME) previously announced that it may be about to start or have already started purchasing Bitcoin BTC after completing a $1.3 billion five-year convertible bond issuance
According to documents released after the closing of the US stock market on Monday, underwriters have fully exercised their $200 million over allotment option, bringing the total issuance amount to $1.5 billion.
After deducting expenses, the company's net fundraising amount is 1.48 billion US dollars.
GameStop is heading in a completely new direction,
Project Rocket is just the beginning!
Bitcoin GameStop BTC GME
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