Billionaire Bill Gross says GameStop now trades more like Bitcoin than a meme stock

Billionaire Bill Gross indicated that GameStop is shedding its meme stock roots, showing patterns similar to Bitcoin’s trading movements. In recent months, its stock price has fluctuated between 20 USD and 35 USD, contrasting its previous volatility.

GameStop is set to increase its investments in Bitcoin and may soon accept cryptocurrencies for trading card payments, aiming to engage selectively based on favorable risk-reward ratios.

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