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BITCOIN SEASON 2: Gamestop pulls a Microstrategy
Mar 29, 2025
GameStop plans a bold $1.3 billion Bitcoin buy, drawing on its meme-stock legacy. The hosts analyze whether this gamble can salvage a company facing shrinking revenues. With cash reserves bolstered from a stock surge, is this pivot a clever survival strategy or just a trend? They discuss the friction between retail investors and financial giants and explore the cultural impact of Bitcoin in reshaping market dynamics. Could this intertwining of gaming and crypto forecast a new era for traditional investing?
32:39
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Quick takeaways
- GameStop's decision to raise $1.3 billion for Bitcoin investment represents a strategic pivot aimed at revitalizing its declining retail business.
- The intersection of meme stocks and Bitcoin highlights the potential to attract retail investors, although long-term sustainability remains uncertain.
Deep dives
Instagram Teen Accounts for Safety
New Instagram teen accounts introduce automatic protections to enhance the safety of younger users. These measures include restricting who can contact teens and controlling the content they can view, similar to ensuring a child wears a seatbelt or uses protective gear while biking. This change aims to create a safer environment on the platform as teens navigate social media, reflecting a growing focus on digital safety. The introduction of these accounts demonstrates Instagram's awareness of the unique challenges young users face in the online realm.
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