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- 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
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Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
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Post original content on Gate Square related to WXTM or its
Gamestop CEO cancels follow of Bitcoin account, holding coin plan questioned
According to reports, Gamestop CEO Ryan Cohen suddenly unfollowed all Bitcoin-related accounts on social media, a move that has drawn attention on social media.
Gamestop currently holds approximately $550 million worth of 4,710 Bitcoins, which is only one-third of the amount the company planned to purchase since April. Nevertheless, Cohen's investment attitude is considered to lack enthusiasm, and he has even been criticized as "worthless" and "not a Bitcoin supporter."
In addition, Cohen is nicknamed "Rugpull Ryan" to highlight that his stock price has dropped 80% from its historical peak. Although Gamestop raised $1.48 billion through bond sales in April, claiming it would be used to buy Bitcoin and for company operations, Cohen only used about a third of that money to purchase Bitcoin.