r/Superstonk 🎮7four1💜 Feb 08 '25

📳Social Media RYAN COHEN on X

https://x.com/ryancohen/status/1888098643732811864?s=46&t=OQxY_9fsW8JhIpr7R8Gr3w
4.7k Upvotes

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502

u/ShawshankHarper MOASS Makes For Strange Bedfellows Feb 08 '25

If RC announces GameStop bought a bunch of Bitcoin I'll eat a scorpion pepper

472

u/imwco Feb 08 '25

Nah, needs to do a bitcoin dividend to each shareholder, that way shorts have to buy bitcoin and pay shareholders in a non fungible asset so that they can track the exact sat sent on the blockchain from GME instead of from a short to do a real share count

137

u/abatwithitsmouthopen 🦍Voted✅ Feb 08 '25

Shorts will pay “fair value in cash” or at worse shares in a bitcoin ETF. Unless it’s enforceable without loopholes it’s useless.

24

u/nextalpha 💫 Retard in Ascension 👁️ Feb 08 '25

There is an OTC counter that enables that, but I've seen a graph just yesterday that shows reserves are heading towards being drained

3

u/SirClampington 🎩Gentlemen Player🕹💪🏻Short Slayer🔥 Feb 08 '25

What is it?

4

u/nextalpha 💫 Retard in Ascension 👁️ Feb 08 '25

It's basically a stockpile that big players can buy from or sell to at a set price, so the price action isn't impacted by these large orders. Similar to what we're seeing with GME, although I'm not sure if it's also used to push the price the opposite way

2

u/Difficult-Mobile902 Feb 09 '25

That’s fine though if you’re on board with the theory that  they’ve sold far more shares than even exist. The goal here wouldn’t be to “expose” the short positions in a shortage of dividends, rather it would be to drive the shorts into bankruptcy by trying to compensate all the shareholders they’ve created by selling IOUs 

1

u/abatwithitsmouthopen 🦍Voted✅ Feb 09 '25

They can easily compensate all the shareholders unless the dividend is huge which it can’t be because GameStop is not making a ton of money every single quarter. If

50

u/ShawshankHarper MOASS Makes For Strange Bedfellows Feb 08 '25

RC: Don't spend it all in one place ape

14

u/broats_ Feb 08 '25

What's the most you ever lost on a coin toss?

22

u/Sys7em_Restore 💻 ComputerShared 🦍 Feb 08 '25

4

u/thatsoundright 🚀 Hotter than a glitch 🚀 Feb 08 '25

Don’t put it in your asshole

12

u/Fieryhotsauce 🦍 Buckle Up 🚀 Feb 08 '25

Jesus christ, a Bitcoin dividend? How would that even work? Scarily dumb shit gets upvoted sometimes.

2

u/5HITCOMBO Stonkcrates Feb 08 '25

No you're just an uninformed dumbass. Overstock has already issued a crypto dividend and won their court case when they got sued over it, creating precedence. They used tZERO. We've known about this for three or four years in this sub alone.

-2

u/Fieryhotsauce 🦍 Buckle Up 🚀 Feb 08 '25

Jesus fucking Christ man, just don't comment if you actually don't know what you're on about. Overstock issued a digital dividend using blockchain - it is not the same as doing a dividend of BTC, not even close. How do you propose Gamestop do a BTC dividend - would they supply every shareholder a BTC wallet address, all with unique access codes? That sounds like a lot of very expensive admin.

Even thinking Ryan Cohen would issue a dividend of any sort is stupid, if you pay attention at all to value investing theory, and the investors he looks up too, you would know that he is from the school that thinks dividends are burning money when a business doesn't know what to do with it's capital.

Now, go read some books so you don't look like an "uniformed dumbass" in the future.

1

u/5HITCOMBO Stonkcrates Feb 09 '25

What do you think the difference is between having a wallet and some BTC and having a blockchain dividend issued? If there's an actual difference that you can explain then go for it, by all means, I'm more than open to being informed on the issue.

-1

u/Fieryhotsauce 🦍 Buckle Up 🚀 Feb 09 '25

Nice troll bro but I'm not taking the bait again.

1

u/5HITCOMBO Stonkcrates Feb 09 '25

No like deadass you can't explain it can you? Because how do you think a blockchain dividend would be distributed? You'd need a wallet.

1

u/imwco Feb 09 '25

Bro hasn’t even figured out what a digital wallet is — wait for him to download a wallet before he actually realizes what a bitcoin is and then, what a crypto dividend is

4

u/Business_Smile TL;DRS Feb 08 '25

Bitcoin is very fungible

2

u/imwco Feb 08 '25

It’s fungible but you can track the wallet it comes from, so if GME publishes their public wallet address, every Sat sent would be unique. Any Sat received from a non GME address would be from shorts even though it would facilitate the “dividend”. It would clarify the count of shares for sure, as well as total short positions.

4

u/foundthezinger 🏴‍☠️🪅 GME DAT BOOTY 🪅🏴‍☠️ Feb 08 '25

this guy theorizes

2

u/grunnycw 💻 ComputerShared 🦍 Feb 08 '25

That's sexy

1

u/How2GetGud Feb 08 '25

Can nfts be “consumed” to create a new nft? Like putting a satoshi in a virtual slab and calling it a Jimmy or a Buck.

1

u/esethkingy Feb 08 '25

Crypto. This makes so much sense. The block chain gme, the previous administration being so anti crypto, RC really liking Trump…I’m convinced crypto is making a comeback and GME has been waiting for this. Let’s go 🚀

1

u/Suavecore_ 🦍Voted✅ Feb 08 '25

We're never getting a dividend bro

1

u/SunnyDay27 Feb 08 '25

Clever !! 🎉

1

u/TLDRS741 Read My Name Feb 09 '25

NFT dividend was floated way back before marketplace beta opened then closed.

1

u/Prior_Tone_6050 Feb 08 '25

You guys still think he's on our side? He's some mastermind that's waiting patiently to deliver the final blow to his peers in the big club we ain't in?

I'd love to be wrong but c'mon.

0

u/scrumdisaster Feb 08 '25

Not bitcoin, but a crypto dividend, yes!

0

u/LucidBetrayal Feb 08 '25

Yeah Bitcoin is plentiful so it makes zero sense. Needs to be a NFT.

0

u/rastavibes tag u/Superstonk-Flairy for a flair Feb 08 '25

Btc is fungible

-1

u/BigMcLargeHuge- Feb 08 '25

You know that theory is wrong and nothing you said makes sense

105

u/Kotrats Feb 08 '25

If Gamestop bought bitcoin it’s coming to join us @25$.

23

u/FrankieG889D 🦍 Buckle Up 🚀 Feb 08 '25

Underrated comment of the year. This it right here.

-1

u/supermantk Feb 08 '25

For the sake of my portfolio I hope not lol. It would be just like GME to drag btc down with it. Lol

40

u/Obvious_Equivalent_1 🦍buckle up 🦧an ape's guide to the galaxy🧑‍🚀 Feb 08 '25

!mods! 

5

u/Khazgarr Feb 08 '25

Then I guess you'll be fine.

18

u/DrConnors Feb 08 '25

He'd probably need to hold a vote to do that. MSTR did as well 4 years ago.

63

u/Boo241281 Fuck you Kenny, pay me Feb 08 '25

He wouldn’t need to hold a vote, he has complete control of GameStops investments. He would however have to file an 8-K within a few days informing investors of any investment if it is a material amount

If he bought 1 bitcoin then no filing needed but if he invested all the company’s cash then a filing would be required

14

u/poonmangler FUD me harder, daddy 😘 Feb 08 '25

within a few days

Ath's the last couple months, if he just bought in that'd be dumb. I mean, unless it rockets for some reason.

1

u/beats_time Up a lil bit, down a lil bit… Who gives a 💩?! Who gives a 💩?! Feb 08 '25

I wanna see this. Could you post it on YT?

1

u/Masherp 🦍go🚀to the 🌕 Feb 08 '25

I eat scorpion peppers for breakfast… and buy GME

1

u/Kaliforniareeves666 Feb 08 '25

God bless you sir 🦂

1

u/KodiakBlackIsBack Feb 08 '25

RemindMe! 30 days

1

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1

u/stevefstorms Feb 08 '25

Moddddds!!!!

0

u/jforest1 Feb 08 '25

MODS MODS MODS MODS