GME - GameStop Implementing A Bitcoin Treasury Strategy Would Be 'A Brilliant Move' And Could Push The Stock To $1000 Says Bitcoiner | Benzinga
Bitcoin (CRYPTO: BTC) influencer Max Keiser suggested a strategy for GameStop (NYSE:GME) that would, in his opinion, push the stock price to $1,000.
What Happened: Keiser proposed that if GameStop were to implement a ‘Saylor’ Bitcoin treasury strategy, the company’s stock could potentially reach $1,000. He further suggested that GME could become the "pleb version" of MicroStrategy Inc.
Keiser’s ‘Saylor' reference is a nod to Michael Saylor, executive chairman of MicroStrategy, who is known for his company’s significant Bitcoin investments. Keiser argued that the higher the stock goes, the more secondaries of stock could be issued, leading to more capital to buy Bitcoin.
Keiser also stated, "Bitcoin is mathematically guaranteed to outperform everything. Everything is mathematically guaranteed ...