"Debt King" Bill Gross, who made millions of dollars by shorting GameStop and AMC in 2021, said that the current market performance of GameStop is no longer like a "meme stock", but instead the trend is becoming more and more similar to Bitcoin. From early January to early April this year, the price of Bitcoin fell, and at that time the GameStop stock price also declined. However, Bitcoin has now rebounded to above $110,000. GameStop announced at the end of May this year that it had made its first purchase of Bitcoin, currently holding about 4,710 Bitcoins, worth approximately $537 million.
