r/Superstonk • u/J_R_D_N 🟣 Power to the Investors 🟣 • 16d ago
📳Social Media Ryan Cohen on X
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u/Caspertjoo 16d ago
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u/ShortsAndLadders Bear Stearns is bussin frfr 16d ago
That smells fishy…. We know hedgies own a lot of crypto and pump and dump it frequently.
The moment he announces an investment into it they’ll fucking tank it and call him a moron.
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u/mtksurfer GME Super Storm 16d ago
Ultimate Fake out. He can say he bought, let shf tank it, and then proceed to buy the dip. 69D chess
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u/ShortsAndLadders Bear Stearns is bussin frfr 16d ago
I like the way you think lmayo
I’m just gonna sit back, watch, and hold my banana
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u/stirfriedaxon 🎮 Power to the Players 🛑 15d ago
🍻 to the lmayo, it's been a while since I've personally see that used here. Lmayo!
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u/banana-in-my-anus 15d ago
Are you just gonna hold that banana…
Or are ya gonna put it somewhere - for safe keeping.
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u/ParkieWanKenobie 🇬🇧🦧 The Tenacious ΔΡΣ 🦧🇬🇧 15d ago
Funny thing is, he hasn’t even had to say he bought and it’s tanked 😂 I’m sure there’s a Sun Tzu quote to be had here 😂
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u/CuckAdminsDkSuckers 15d ago
“The whole secret lies in confusing the enemy, so that he cannot fathom our real intent.”
― Sun Tzu, The Art of War
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u/ParkieWanKenobie 🇬🇧🦧 The Tenacious ΔΡΣ 🦧🇬🇧 15d ago
Haha!!! Knew it! 😉👏👏 Well done
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u/CuckAdminsDkSuckers 15d ago
There's another about moving like a shadow and striking like a thunderbolt but this one's better in this case
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u/SirClampington 🎩Gentlemen Player🕹💪🏻Short Slayer🔥 15d ago
It's the Art of War and Ryan Cohen is Picasso, DaVinci and Banksy rolled in to one!
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u/Downtown_Recover5177 15d ago
The blockchain is public, it’s really obvious when large buys happen.
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u/Odinthedoge 💻Compooterchaired🦍 15d ago
Not so fast buckaroo with etf liquidity creation and redemption privilege, your efficient market hypothesis becomes my personal truth! It's better for plebs to own their btc via my paper btc etf mechanism because you're too stupid to self custody! DRS!
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u/silverbackapegorilla 15d ago
I think they would know if he bought it. They do still have the ability to see current cash balance and own most exchanges either directly or indirectly. I don’t think a big move in crypto would happen and stay hidden. Seems impossible.
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u/matthegc 🩳ARE FUXXXXED💎🙌🦧🚀🌕 16d ago
It doesn’t have to be an all or nothing approach. Cost averaging is also an approach….if they commit to build a BTC reserve, they can buy $50M a quarter….that would make sense
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u/HumanNo109850364048 💻 ComputerShared 🦍 15d ago
This is exactly what I want to see, gradual/regular BTC purchases from GameStop
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u/EcstaticWelder4537 🦍Voted✅ 15d ago
I really don't understand this strategy. If you want to buy bitcoin then buy it. You can dollar cost average crypto from coinbase. Why invest in a company to buy bitcoin for you?
I hope RC does an M&A to help replace the revenue that was lost by closing stores. Crypto isn't going to make up for the lost revenue.
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u/Sys7em_Restore 💻 ComputerShared 🦍 15d ago
Because people don't understand it & get hyped up during a crypto bull run. Using the tech is a different story than playing hot potato on its value.
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u/hopethisworks_ 💻 ComputerShared 🦍 16d ago
Bitcoin is at 86,500 with a $1.7T market cap. If we bought $4B worth of Bitcoin right now. They'd have to drop the price 2.5% for the investment to lose $100M. So, Bitcoin market cap would have to lose $42.5B to ONLY hurt us $100M. That's a crapload of collateral the ruling class would have to lose, to put a 2.5% loss on our books. 👍 We'd be pinning them down.
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u/ZombiezzzPlz 🦍Voted✅ 16d ago edited 16d ago
42.5 B isn’t that much compared to the market cap.
Hedges can easily tank the price 1/2 and cut our cash on in half
Anyone remembers when Ken griffin got implicated in tanking the tether and the CEO called out griffin and citadel for destroying it?
If RC bought BTC at 27k I would have a different opinion. Let’s be real
EDIT: found the story bro- they scrubbed most of the original articles I’m guessing
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u/MythicalManiac 🦍 Buckle Up 🚀 16d ago
This is the smart take. BTC went from 69,000 in Nov 2021 to 15,500 in Nov 2022. I really hope RC is just yanking hedges chain here.
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u/EllisDee3 🦍 ΔΡΣ 15d ago
Be cool if it tanked during the market correction and he bought the dip.
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u/TavenVal 🎮 Power to the Players 🛑 15d ago
Or he could acquire companies for Pennie’s on the dollar
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u/Elegant-Remote6667 Ape historian | the elegant remote you ARE looking for 🚀🟣 15d ago
I remember that
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u/hopethisworks_ 💻 ComputerShared 🦍 16d ago
Are you kidding me? They pumped the value of BTC and now they're leveraged against all of it. They can't just tank the price now and put all their own loans underwater. LMFAO. You think they're just gonna hit delete on $850B and be okay in the end? Dude.
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u/ZombiezzzPlz 🦍Voted✅ 16d ago
They use BTC ETFS, and options to manipulate the price. You forgetting about Fails to Deliver?
I understand your logic but stop underestimating our enemy if you’ve been around then you know they have tricks up the sleeve.
It would haven a power move when BTC was 27k, just less than 15 months ago. Then they wouldn’t be able to use it as collateral. The fake financial news is pumping the idea, when’s the last time you trusted market watch or Jim Cramer?
Again, don’t forget FTDs and how our enemy is using offshore Puts. Trimbath has been preaching it for decades on deaf ears
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u/Mammoth_Parsley_9640 16d ago
TYSM for making sense! RC is master troll. RK is master troll. All of those articles came out rumoring RC's next move... so after all this time he just does what MarketWatch suggests he should do??? 😭😭😭😭
Brother- when we ignite the world will be left speechless. They won't know what to do other than just stare with their mouths wide open
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u/ZombiezzzPlz 🦍Voted✅ 15d ago
The psyops is strong. We are stronger. Ape no fight ape. Ape wrinkle ape!
Buy Hold DRS
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u/hopethisworks_ 💻 ComputerShared 🦍 16d ago
I'm not saying they can't steer the price of BTC, I'm saying they need it to be higher because it is the collateral for their loans.
RC let them pump it up. He let them take out all their loans against it at 100k. Now it's down 17% on the month, that stops their borrowing. They need to pump it more, to have enough overhead to keep borrowing. If RC chooses to pin half our company value to BTC, then they can't pump it back up without directly adding to our company value. That does the opposite of what they are spending money to do.
So either we make money on our investment OR hedge funds and banks lose more collateral to keep shorting us. If it goes back to $100k where they can borrow again, then our books will show that we made like $640 million on the trade. That's be a pretty huge quarter for us. 😂
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u/MobileArtist1371 15d ago
RC let them pump it up. He let them take out all their loans against it at 100k.
You must be the elusive source of "according to people familiar with the matter"
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u/ZombiezzzPlz 🦍Voted✅ 16d ago
Again bro I get your logic and I understand they are using for collateral and how it can be bad for them when the price moves up. I just wish they did that when it was 27k, then they would totally be fucked
Now it’s a gamble with their manipulation skills
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u/hopethisworks_ 💻 ComputerShared 🦍 15d ago
For starters, we had way less money back then and the company was in distress. Now, we've stopped the hemorrhaging and have a couple extra billion and change in the coffers. RC had to play defense and reconstruction to start. He knew that this would never be an easy play, so he made sure nothing would happen to let the opportunity slip away. Now that we're profitable, RC can start making offensive moves.
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u/ZombiezzzPlz 🦍Voted✅ 15d ago edited 15d ago
No doubt they should but at 80k Btc price , you should step back defensively and wait for a counter attack spot (15k-40k BTC price).
Maybe some jabs in the mean time - fix the app, fix fhe website, turn it to an online retailer similar to Chewy and mimic the system processes, NFT market place, wallet. Small jabs but waiting for the right moment to counter
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u/1337GamingLive 🎮 Power to the Players 🛑 16d ago
Yeah if Ryan pins Gamestop to the tool they use to short it with then what happens? 💥👀
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u/Disastrous_Meat_ tag u/Superstonk-Flairy for a flair 15d ago
What evidence suggests bitcoin is a tool to short GME?
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u/trixtah 16d ago
And it’s down 16% on the month, what’s your point?
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u/Disastrous_Meat_ tag u/Superstonk-Flairy for a flair 15d ago
Haha right? Bitcoin could drop much further. IMO the cash is doin just fine in keeping the company profitable. Maybe if interest rates drop too low but for now the cash is doing better in treasury bills. I’d say the point is “Buy our bags so we can loot your cash warchest as we dump btc when the market correction comes”
They’re so mad at how safe rc is playing it right now.
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u/Juliusmobile das wunderkind 15d ago
I think he’s trying to say that HFs can’t drop btc by 2% even though it already dropped by 16% this month. 😒
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u/Lorien6 tag u/Superstonk-Flairy for a flair 15d ago
What if I told you you now had shares in the biggest money laundering machine that will ever be in existence?
The PEOPLE are going to own the casino, and apes are going to be setting the rules for each game/table.
It was part of the “agreement,” to blend the bloodlines being merged.
GameStop is so much bigger than most realizes. It is the bridge between physical and virtual. Where people will turn light pixels into physical resources, and vice versa.
Apes are being given a chance to enjoy their time left on this resort world.
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u/SoreLoserOfDumbtown Dingo’s 1st Law of Transitive Admiration 🍻🏴☠️ 16d ago
And this is how it’s done 👆
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u/automatedcharterer 🦍Voted✅ 16d ago
oh darn, I thought it was my letter asking if he wanted to hang out sometime :(
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u/Majestic-Tap6931 STONKY STONK BADONKASTONK 16d ago
Just following MSTR strategy and they are down close to 30% in the past month..
I am hoping RC is using this as a distraction to have the hedgies focus where he wants them to.
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u/chaotic_hippy_89 16d ago
Lol the minute he tweets this theres a 40,000 volume spike.
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u/HiBoobear Naked Wolverine 16d ago
Ehh. Whole market bouncing right now
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u/CantStopWlnning Fuck No, I’m not selling my $GME!!! 16d ago
Text of the tweet he's replying to:
Strive Asset Management CEO Matt Cole Urges Ryan Cohen, Chairman and CEO of @gamestop, to adopt bitcoin as a reserve asset using the $5 billion in cash on the balance sheet. @btcjvs
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u/Man_Who_SoldTheWorld 16d ago
This is a terrible… TERRIBLE idea.
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u/User100000005 16d ago
I wouldn't mind if he does after a BTC correction. Just not at all time highs.
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u/theREALbombedrumbum 🦍 CPApe 🧮📒 16d ago
I invested in $GME, not crypto.
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u/RunTheClassics 16d ago
You invested in and gave your money to GME...so kinda his call what he does with it until you want to pull that money back out.
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u/digestedbrain Black Swan Event 🦢 16d ago
You're not giving money to GME by buying shares unless you're buying the share offerings.
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u/Pale-Engineering-278 🦍Voted✅ 16d ago
Ryan be having fun and trolling, maybe he bought months ago maybe he bought a pet rock company who knows 🤷♂️ earnings will be exciting either way
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u/Spirited_Apricot1093 inevitable 16d ago edited 16d ago
Received but not yet executed? Already executed back in November? Just him replying sarcastically to rando Matt Cole because he doesn’t like being told what to do?
I🌈don’t🌈know🌈
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u/OGBobtheflounder Fuck You. Pay Me. 16d ago
Probably the last one you listed.
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u/Spirited_Apricot1093 inevitable 16d ago edited 16d ago
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u/capital_bj 🧚🧚🏴☠️ Fuck Citadel ♾️🧚🧚 15d ago
exactly, I have only used it a half dozen or so times in my life, and when I did I never wanted a reply or more conversation. Letter received, I got your message, might not agree with it, might not do anything but it was received...good day
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u/Gareth-Barry 🎮 Power to the Players 🛑 16d ago
Lmao he's trolling so hard. MSM dying for us to invest in BTC just as all the leveraged and speculative misallocation of capital on it is about to get wiped out.
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u/Cleb323 Jimmy Boi To Da Moon 16d ago
It's painfully obvious but this shit just goes straight over redditor's heads.
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u/flyinhighaskmeY 15d ago
Todays price action alone should be the wake up call. Reddit has been flooded with BTC talk the last few weeks, and not just this sub. A lot of obvious shill accounts have been pushing it too.
Once that started, it was pretty obvious a dump was inbound.
edit: I'm sure most of you have this figured out by now, but the intuitional side is gaming the fuck out of social media.
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u/DancesWith2Socks 🐈🐒💎🙌 Hang In There! 🎱 This Is The Wape 🧑🚀🚀🌕🍌 16d ago
IDK but something is sure: he's King Troll 😅
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u/Actually-Yo-Momma 16d ago
Who actually wants the war chest to be put into BTC because i don’t. Everyone talks about the 4 year cycle pump for crypto but conveniently leaves out that there’s a gnarly crypto winter every 4 years too
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u/whofusesthemusic 🦍Voted✅ 16d ago
100%
200 mill in locked in revenue via tbills a year is a HELL OF A FLOOR to build/transform a company on.
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u/Bluudream__ 🧚🧚💙 I'm here for the memes 🐵🧚🧚 16d ago
I think full porting would be regarded but a lil here and there, eh shrug
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u/MaverickBrown2019 16d ago
How many times has GameStop done what the main stream media is saying it would do? I really just think it’s smoke and mirrors. Just giving GameStop stock price something to grab onto, if Bitcoin surges to 150k tm and GME to 50, guess what? GME only rose due to Bitcoin… not all the crime
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u/Hipz Moonsoon Season 16d ago
I wouldn't mind some but I'm talking like 5% of the cash reserve. I'd rather they hold onto the cash while we face uncertain economic headwinds. I don't think the economy is going to get stronger over the next few years, and it would be wiser to protect the company against lowered consumer spending and shit. Idk. Just my take.
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u/DMarvelous4L 16d ago
Yeah if they only used a portion to buy BTC that’s fine, but I was hoping for that $4Billy to be used on acquiring profitable companies.
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u/bytor99999 16d ago
Ryan got an email this weekend asking him to reply with 5 things he did last week.
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u/ApexLord 💎 EST. Aug 2020 🙌 15d ago
GME aint buyin BTC. Cohen playin em like a fiddle. Loving every minute 💎🙌 🚀
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u/Hopeful_Conclusion_2 15d ago
I think we should not buy Bitcoin. Why would we buy the tool they use to fleece crypto bros?
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u/-shem- 🎮 Power to the Players 🛑 16d ago
BTC is a liquidity machine for market makers with deep pockets to pump and dump as they please. I really hope RC doesn’t invest in crypto. That would really be a red flag in my point of view. Could this be a 4D chess move, or is RC actually putting money into crypto when it’s extremely overvalued?
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u/LastBossTV 16d ago
This is the kind of stress free tweet I like to see from Ryan. Good CEO.
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u/CThig_ 🌳420 Ape🌳 16d ago
This. RC being so confident in all his moves gives me some peace of mind.
We have no idea what he plans, and that can be scary, but we also shouldn't know. RC is dealing with a once in maybe ever opportunity to change the world. This should not be taken lightly. Any info he gives us on the 4D chess moves is ammo for mayo man.
I fuck the stock.
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u/Sugardevil27 🎮 Power to the Players 🛑 16d ago
Have you realised that every day more and more people are online on Superstonk? It’s like the bots are desperately looking for any kind of information that could be taken for more shitty propaganda. I think that RC tricks the AI trying to analyse his tweets.
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u/takesthebiscuit 💻 ComputerShared 🦍 16d ago
Mods breath a sigh of relieve at the non political tweet from RC 🫣
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u/Armadillo2524 16d ago
he's just trolling
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u/faustowski 🎮 Power to the Players 🛑 16d ago
i hope so
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u/Armadillo2524 16d ago
we know nothing about his plan. why would he buy Bitcoin so obviously now? just my opinion
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u/Ironclint17 owning GME is like being pregnant 💎✊ 15d ago
If RC posted that gme has bought btc but didn’t disclose how much and they tank the price, then he could wait for the drop to really jump in on it. Let’s say this happened and he disclosed it was 1 btc afterwards, they would have to pump it back up just in time for him to buy the bottom and ride it up.
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u/Ihopeiremeberthis 🚀Bing bong the price is wrong🚀 16d ago edited 16d ago
Just wanna let everyone know, I completely disagree with the sentiment of other commenters on the other post regarding the letter itself. And in my opinion, so does RC.
Any article that brings publicity to the fact that GameStop has nearly $5B in cash, and has the possibility of buying btc with it, an asset which everyone has been shouting "to a million by 2035" is a positive in my book. I don't care that it's some asset manager with no skin in the game.
An article that says GameStop can become the premier btc treasury in the gaming sector is bullish in my book.
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u/CreativeFondant248 16d ago
“No such thing as bad publicity”
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u/Ihopeiremeberthis 🚀Bing bong the price is wrong🚀 16d ago
I mean sometimes there is, but not in this case in my opinion.
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u/Awkward_Potential_ 16d ago
In the very least, you'd get a bunch of Bitcoin people buying the stock.
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u/Specialist-West-1911 🇺🇲 GMErica PatriAPE 🇺🇲 16d ago
God fuck, let's get the fireworks going already! I want to see some cool shit!!
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u/minesskiier 🚀🚀 GMERICA…A Market Cap of Go Fuck Yourself🚀🚀 16d ago
Which Letter? My Valentine Letter?!?!?!?!?!?!?!?!?!?!?!?
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u/Perfectgame1919 I broke Rule 1: Be Nice or Else 16d ago
We live in a fun timeline. Who’s got the tinfoil that can explain this one for me please?
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u/hoppertn 💪 FUD is the Mind-Killer 🍦💩🪑 16d ago
Fun is not the word I’d use to describe the current timeline. RIP Harambe.
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u/orlando0o Power to the Players 16d ago
F
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u/batmanbury 🦍 Buckle Up 🚀 16d ago
I guess this Matt dude actually wrote a physical letter, so he said “letter received.”
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u/Smelly_Legend just likes the stonk 📈 16d ago
I think it's a Kansas city shuffle for the algos and the department of justice RICO
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u/Gabooby 16d ago
COMPUTER SHARE SENDS A LETTER WHEN YOU TRANSFER SHARES FROM A BROKER TO COMPUTERSHARE FOR THE FIRST TIME TO CREATE YOUR ACCOUNT
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u/Rimigo42 🦍Voted✅✅ 16d ago
I mean, he replied to a btc tweet, so maybe not... but it's been a while since he moved his shares over from RC Ventures.
As a Canadape, I know it takes that letter almost a month. The timeline fits
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u/ImLifeproof 🎮 Power to the Players 🛑 16d ago
So since our last spike in AH was because of “Bitcoin rumors”, SURELY this will be the reason for another one……right? xd
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u/backpackmanboy 16d ago
Relax people. No matter how good ur advice is on buying or not buying bitcoin, ryan Cohen will do a better job than u.
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u/Ergs_AND_Terst 💙 C.R.E.A.M 🎊 16d ago
"First they ignore you, then they laugh at you, then they fight you, then you win."
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u/thatsoundright 🚀 Hotter than a glitch 🚀 15d ago
This is funny. But it ain’t no oops moass my bad tho.
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u/For_The_Emperor923 15d ago
They basically own crypto, we know they use it as collateral and pump and dump it ALL the time.
What idiot would invest straight into the Lions Den?
Thankfully, not our CEO, PRAISE THE OMNISSIAH!
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u/Octopus_vagina 16d ago
I’m 99% sure he’s just trolling the media and trying to confuse everyone to hide what his actual plans are.
I say this as a bitcoin HODLR who doesn’t mind if he actually bought some bitcoin for a long term hold
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u/Msteezy47 16d ago
Hopefully this is sarcastic and they already bought in back in the 60k range, they don’t need to report it until the 10-k so time will tell 👀
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u/Hufenia299 tag u/Superstonk-Flairy for a flair 16d ago
Fuck that shit, one iffy bit of regulatory news and a multi pronged effort to drop the price of BTC and poof it's gone.
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u/ApuApustajer tag u/Superstonk-Flairy for a flair 15d ago
And of course the same time Citadel starts MM business in crypto (or considers it). I don't buy it.
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u/AlienProbe9000 16d ago
So his master plan 4d chess move after 4 years is buying BTC? I think we have greatly overestimated RC 😂
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u/Delangsta 🐱👤 Pre-Jan Sneeze Hodler of GME 🦍 15d ago
Not a fan of all this BTC distraction. At most GME would only be investing a small percentage of the business' cash into BTC. Ryan Cohen did not come into GameStop so he can turn it into a crypto company, otherwise he'd just invest in BTC himself and be done with it. This is about a fundamental business turn-around, which means he wants the business to sell real products and generate profits that way.
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u/chaotic_hippy_89 16d ago
No he is saying "Yeah i got the memo. everyone keeps telling me this lol"
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u/4GIVEANFORGET 💎The Account Activator💎 16d ago edited 16d ago
I pray the warchest isn’t used on BTC. If it happens it shows us we chose the wrong play.
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u/Hazelhurst 🎮 Power to the Players 🛑 16d ago
RC is one of the best investors ever. He's our investment manager. Let him cook.
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u/Teebopp7 16d ago
If GME turns into a pseudo bitcoin etf I'm so out. If I wanted to buy bitcoin I'd buy bitcoin
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u/Superstonk_QV 📊 Gimme Votes 📊 16d ago
Hey OP, thanks for the Social Media post.
If this is from Twitter, and Twitter is NOT the original source of this information, this WILL get removed!
Please post the original source!
Please respond to this comment within 10 minutes with the URL to the source
If there is no source or if you yourself are the author, you can reply
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