Ryan Cohen, president and CEO of the video retailer Gamestop (GME), increased his participation in the company after the company’s decision to add Bitcoin (BTC) as a treasure reserve asset.
According to a presentation on Thursday to the US stock and securities commission. UU.
This purchase raises the total holdings of Cohen at 37,347,842 shares, which represents approximately 8.4% of Gamestop’s circulation actions, according to the presentation.
The purchase of Cohen is produced immediately after the Gamestop Board, approving a plan at the end of March to invest part of its cash battery in Bitcoin. The firm also issued $ 1.5 billion in convertible notes to raise funds for its BTC acquisition plan. That increase in the capital closed earlier this week.
GME’s actions are slightly high in previous trade after more than 7% fall on Thursday when US actions fell into reaction to the tariff announcements of President Trump.
