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If GME decided to buy bitcoin with the reserve money - not another company - they really don’t have to say anything until the next earnings report, correct?
Or, are they required to immediately disclose? I don’t know how this works with companies, but seeing that MSTR does it to their benefit - let’s discuss.
If GME were to have done this, by when does it need to be disclosed?
If they did this, right after the last earnings and they purchased bitcoin at an average price of 56k… they technically could have purchased 74k bitcoin, right? This be the shuffle?
I labeled this post as srs because I want to discuss our favorite stock and what this potential move could do to the stock.
Ps - anyone here an OG from the misc back in the day? Unrelated.
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