They don’t have to actually buy GameStop stock. If GameStop buys bitcoin and the GameStop Bros also buy bitcoin then by doing so they will fortify the value of the bitcoin that GameStop owns. However, They do not have to rely on the business dealings of GameStop to increase their own value. They would hold that value themselves in bitcoin.
So in essence, the GameStop Brose can wipe out the short-sellers and never actually take on the risk of holding GameStop stock.
Sounds like a win win to me.
quoting⚡️🚨 NEW - GameStop now has $1.48 billion available to purchase #Bitcoin
note1lrl…me9l
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