"Bond King" Gross: GameStop's recent stock price movement is very similar to BTC.

DailyNews

2025-08-06 13:24:47

GME-5,45%

BTC-3,31%

Odaily News “Bond King” Bill Gross made millions shorting GameStop and AMC in 2021, stating that GameStop’s performance no longer resembles a “meme stock” and is instead similar to BTC. From early January to early April this year, Bitcoin’s price fell, but it has now rebounded to over $110,000. GameStop announced its first purchase of Bitcoin at the end of May and currently holds about 4,710 Bitcoins, worth approximately $537 million. (BusinessInsider)

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