Ryan Cohen hinted at acquiring a significantly larger consumer company, a move he says could lift GameStop’s valuation into the hundreds of billions, also spotlighting its Bitcoin holdings.
GameStop CEO Ryan Cohen stated on January 30 that he is considering acquiring a much larger consumer company, a transaction he claims could potentially raise GameStop’s corporate value to hundreds of billions of dollars. Cohen described the plan as unprecedented in capital markets history. The statement has also drawn attention to GameStop’s Bitcoin holdings, adding another dimension to investor interest sparked by earlier hints of a monumental project.