The legendary angel investor mocks the bitcoin axis in Gamestop
Virtue American businessman Jason Calakanis is Unwind By Gamestop’s Bitcoin Pivot.
“If you are a public company that cannot discover a business model, buy Bitcoin!” Mocked.
The 54 -year -old investor jokingly said that this might be a great advice if Michael Sailor, one of the founders of the strategy, ends with a $ 1 trillion bitcoin.
As U.today, the retail video games, which appeared at the MEME COIN Mania Center in 2021, announced that it had adopted the leading cryptocurrency as a backup asset.
This announcement helped enhance Gamestop shares in post -working hours. However, it had no effect on the price of bitcoin.
Some community members celebrated Gamestop news as a positive development of Bitcoin’s adoption of companies, which has yet to have been struggled to gain a great power force. Silor strategy described it as a “step in the right direction”.
James Kaber, former lead analyst at Glassnode, Not This excitement. Remember its semi -serious prediction on how “Zombie companies” for the likes of Gamestop to the market top by adopting the Saylor -like Bitcoin strategies. The fact that “serious” companies do not accelerate to adopt bitcoin is not a good sign, according to the analyst on the series.
However, it should be noted that Gamestop has $ 4.6 billion in cash in its public budget. The company also has a maximum market for more than $ 11 billion.