GameStop Corp (GME) returns to the game by buying crazy bitcoins.
GME CEO Ryan Cohen revealed in a pre-recorded interview at the Bitcoin conference yesterday that his company bought 4,710 bitcoins ($btc).
Although the purchase price has not been announced yet, the current $BTC price is worth a lot more than $500 million.
Cohen explained that buying Bitcoin is a “held against currency depreciation and systemic risks.” He added that the world’s most valuable cryptocurrency has several advantages over gold, including transfers anywhere in the world, authentication through blockchain, and storage in a crypto wallet.
But if you feel that Bitcoin is excluded from the recent trend, we’ll show you how Snorter tokens and their bots can help you sniff out the best new cryptocurrencies (more on that later).
A new game on the way?
GME’s Bitcoin Buying News has raised its share price to a stock price of $35.81 after hovering around $28 in the past month. It also marks an important milestone in the company’s history, and Cohen has been working to shift since 2021.
Last year, GME partnered with PSA, the world’s largest provider of transaction card authentication and grading services. This is a major part of Cohen’s desire to move the company from video games to collectibles.
In March, the company also announced its plans to issue $1.3B of convertible bonds that will be used for “general corporate purposes”, including the purchase of $BTC.
While this initially led to a decline in the company’s value, the price increase in the last 24 hours after confirmation of Cohen’s Bitcoin purchase confirmation told us that investors were satisfied with the move.
Institutional investors are all on $BTC – Snorter token helps you find your next big cryptocurrency
With GME buying $BTC, it immediately ranked 13th on the list of institutional investors with the highest cryptocurrency. Even though the days when you can buy Bitcoin for less than 1k are gone, there are still plenty of opportunities to find the next big thing (if you know where to look, that’s it.
That’s where Snorter Bot and the like. This is a telegram transaction bot that allows you to find and buy new tokens immediately using only the contract address or pool ID, making it faster than a regular browser bot.
However, not all new projects are legal. As meme coins become increasingly popular, the numbers of scam projects have grown exponentially.
Snorter Bot helps you avoid carpet pulls and preserves with on-site blacklist scans, mint trap detection and freezing alerts. During its closed beta phase, the robot achieved an 85% detection success rate, which can only rise with further development.
Then, there are some common features such as exchange, sniping, copy trading and various portfolio commands via Telegram app.
The robot will multi-chain to Solana and Ethereum when it launches in Q3 2025, so you can get speed and blockchain reliability to snipe new meme coins before other robots or whales. If you want to sort out the mess of meme coin space, these robots are essential.
To get started, please visit the official SN token pre-sale page. Next, connect your crypto wallet to the pre-sale widget (the best wallet for the team suggests), enter the $snort quantity you want to purchase, and pay with a credit/debit card or cryptocurrency.
You can also store the token immediately to reach 1,830% APY, although this will change with more investors losing.
Rethink your investment strategy?
In less than five years, GME’s transition from meme stock to one of the largest $BTC holders is definitely a history book. But while not seeing a lot, this is a great example of how to discover new opportunities with the right vision and tools.
Snorter Bot and its local snorter token ($snort) are two such tools, especially if you want to find gems in the usual messy meme coin market.
But be sure to do your research before you invest heavily in something like $4,710 BTC Play at GME. Remember that the cryptocurrency market is very volatile, so only investing in money you can afford.
Editing process For Bitcoin experts, focus on thorough research, accurate and impartial content. We adhere to strict procurement standards and each page is diligently evaluated by our top technical experts and experienced editorial team. This process ensures the integrity, relevance and value of our content to our readers.
