We use Google Analytics to count anonymous page views and understand which content gets read. No ads, no profiles. Decline keeps you on cookieless mode. Details.
GameStop Corp.
Consumer Discretionary · Specialty Retail
8B (FY24). The Cohen-era reset turned the equity into a quasi-closed-end fund: ~$4B+ treasury, BTC allocation announced 2025, listed equity positions, and a still-loyal retail shareholder base that absorbs ATM raises at premiums to book.
- ~$4B+ cash + BTC + equities back ~70-90% of market cap depending on price - downside cushioned by treasury
- Cohen has full board + CEO control; track record at $CHWY of capital allocation
- ATM optionality: each meme spike funds another tranche of treasury at premium prices (anti-dilutive in book-value terms)
- Optional upside if Cohen pivots into M&A, SPAC-like acquisitions, or a $BRK-style holding structure
- Retail base is sticky - float trades like a call option on social-media flow
- Core retail still bleeds; if Cohen never deploys cash productively the equity is just a leveraged BTC + T-bill ETF at a premium
- No formal investment mandate, no 13F filings discipline - opacity discount likely persists
- Meme premium compresses each cycle as the float grows from repeated ATMs
- BTC concentration adds beta without strategic narrative
- No earnings power independent of treasury yield + crypto mark-to-market
Each weekday: the scan's ENTER setups with entry, stop and target, every new ticker teardown, and the bubble shifts that move names like this one. Free. Education, not advice.
No spam. One email per day max. Pro adds Telegram trade alerts and higher AI-assistant limits.
No major news in the last 7 days for GME - only listicles and opinion pieces, which we filter out by default. See everything anyway.
Auto-computed retracement of the trailing 52w low-high leg. Recomputed on each refresh; not a curated level.
Auto-computed retracement of the trailing 52w low-high leg. Recomputed on each refresh; not a curated level.
Auto-computed retracement of the trailing 52w low-high leg. Recomputed on each refresh; not a curated level.