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Speculation with this crypto bull run
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I'm going to go crazy and speculate that GME might peg itself to this next bitcoin bull run with some of their stash of cash converting to Bitcoin. Similar to what a few companies have already done or recently announced. This may send enthusiasm into a frenzy. They will probably reserve most of their cash for future M&A, similar to what Buffet is doing. I think GME will continue to grow their cash reserves for that reason.

Company transformation is the main hustle, but their legacy business will be like getting gaming goods, collectibles and hardware at a subsidized price for GameStop's customers, fans, and investors. It's crazy that you can get so much credit for used hardware or games and the insane discounts you get for PSA graded cards. Not to mention the $5 per month credit. Some guy said he bought a PSA graded card for $400 and turned it around and flipped it for $750, thanks to his pro membership. If you go to Costco and buy gold, you still pay a premium. If you try to flip it immediately, it will be at a lost. So GME pro membership already beating out Costco membership. Crazy times we live in.

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3 days ago