🚨 BREAKING: GameStop has exercised call options totaling approximately $3.965 billion.
According to the filing the shares were purchased entirely with cash, with no leverage or loans used to fund the transaction.
The company acquired roughly 39 million shares through these calls which had a $101 strike price.
$GME
Sat down with Ryan Cohen, CEO of GameStop, to discuss his early starts in business, why he took a stake in GameStop 5 years ago, and why Ebay deserves a new home.
Thank you to @ryancohen for taking the time!
Timestamps:
00:00 - Intro
00:50 - Ryan's Beginnings in Business
05:50 - Why Pets?
12:20 - Why Enter into Gamestop
15:59 - Gamestop's Future
18:21 - Gamestop's Retail Community
23:10 - Collectibles TAM
26:09 - Why Ebay
30:45 - Ebay's response to the offer
36:20 - Ebay's Live Studio Play
38:00 - Agentic Commerce
41:08 - Rapid Fire
@CanadianProtein In November 2025, I paid $359.97 (100%) for the same 10kgs. Now it's $699.99??? Get outta here. This is the worst price gouge I've ever seen. I'm officially no longer recommending your product either. I can't support this garbage.
Thank you @Gamestop
Thank you @larryvc
Thank you @ryancohen
Thank you @toast
And most importantly, a very special thank you to each and every one of you. We’ve made history and very special moments here at GameStop. I’ll be back in February.
I love you all and Happy 250th Birthday America. I’m proud to serve you 🫡