Billionaire Ryan Cohen said he is eyeing a major acquisition—and famed "Big Short†investor Michael Burry is cheering him on. ...

Core Insights - Michael Burry has been accumulating shares of GameStop Corporation (GME) in 2026, indicating a renewed confidence in the company's future prospects [1] - The narrative surrounding GameStop's stock is shifting from meme-driven speculation to a value-oriented investment thesis [2] Company Overview - GameStop is a specialty retailer of video games, consumer electronics, and pop-culture merchandise, operating both physical stores and e-commerce platforms, with a market cap of approximately $10.6 billion [5] Investment Thesis - Burry's investment in GameStop is based on a long-term value perspective, expecting to accumulate shares near 1x tangible book value and net asset value, driven by confidence in CEO Ryan Cohen's capital allocation and strategy [3] - Burry is not relying on a short squeeze but is willing to hold the stock for years as Cohen utilizes GameStop's substantial cash position, which was built through previous equity offerings [4] Stock Performance - GameStop's stock price in 2026 is in the low-to-mid $20 range, significantly lower than the highs seen in January 2021, with a positive return of 14.4% so far in 2026 after a decline in 2025 [6] - The stock has experienced a 16.5% decline over the past 52 weeks, but renewed interest has been sparked by high-profile investors like Burry accumulating shares [6][7]

Michael Burry talks up GameStop, and other tales from an icy week in Texas https://t.co/40geiOm9DQ ...

Five years ago, retail investors betting on GameStop were derided as "dumb money." The events were synonymous with stock market gambling. Consensus on Wall Street was that most individual traders would retreat after Covid, but those assumptions have been proved wrong. Average investors are now outperforming the market and becoming much more influential than many predicted.Professional traders have been forced to pay close attention to retail traders, who are now influencing market structure and fueling the ...

LATEST: ⚡ Robinhood CEO Vlad Tenev says the January 2021 trading freeze on GameStop stock resulted from slow, outdated financial infrastructure, and that tokenization will help prevent something similar from happening again. https://t.co/w1e7mo0g7h ...

Core Insights - The GameStop stock experienced a significant surge in early 2021, driven by retail investors on social media platforms, particularly Reddit's r/wallstreetbets, which led to a short squeeze that affected hedge funds heavily shorting the stock [1][3][5]. Group 1: Company Overview - GameStop is a video game retailer that faced challenges due to the rise of digital gaming and reduced foot traffic during the COVID-19 pandemic [2]. - Hedge funds, including Melvin Capital, initiated short positions on GameStop's stock, anticipating further declines in its value [2]. Group 2: Market Dynamics - In January 2021, retail investors began purchasing GameStop shares and call options, influenced by social media discussions, which resulted in a dramatic price increase and put short sellers at risk of a short squeeze [3][5]. - The stock price skyrocketed from $2.5 in April 2020 to $483 by January 28, 2021, even exceeding $500 in pre-market trading on that day [5]. Group 3: Trading Restrictions - On January 28, 2021, Robinhood Markets halted the buying of GameStop shares, allowing only the closing of existing positions, which led to a significant drop in the stock price by over 40% [6][7]. - This decision drew criticism from public figures, including Rep. Alexandria Ocasio-Cortez, who highlighted the disparity in trading freedom between retail investors and hedge funds [8].

Robinhood CEO Vlad Tenev is calling for increased regulatory clarity and a renewed push for tokenized stocks as a means to prevent another “GameStop freeze.” Tenev posted a lengthy statement on Twitter on Jan. 28 discussing the root causes of the event on its anniversary. “Five years ago today,” he wrote, “Robinhood and other brokers were forced to halt buying of several meme stocks, most memorably GameStop, in one of the strangest and most visible equity market failures in recent history.” As Coinspeaker ...

Core Insights - The CEO of Robinhood, Vlad Tenev, suggests that blockchain-based shares could prevent future trading halts like the one experienced during the GameStop incident in January 2021 [1][2] Group 1: Trading Infrastructure Issues - Tenev attributes the chaos during the GameStop trading freeze to outdated financial infrastructure rather than bad actors, highlighting the combination of slow systems with unprecedented trading volume [2] - During the trading freeze, Robinhood faced massive collateral demands due to the two-day trade settlement system, leading the company to raise over $3 billion in emergency funding [2] - Although regulators have shortened the settlement cycle from T+2 to T+1, Tenev argues that this is still insufficient for modern trading needs, as trades can take days to settle [3] Group 2: Tokenization and Future Plans - Tenev proposes moving stocks on-chain through tokenization, which would eliminate lengthy settlement periods and reduce risks for the system, allowing customers to trade freely [4] - Robinhood has minted nearly 2,000 tokenized versions of U.S. stocks and ETFs, totaling just under $17 million, but this is significantly lower than competitors like xStocks and Ondo Global Markets, which exceed $500 million in offerings [4] - The company plans to introduce features such as 24/7 trading, self-custody, lending, and staking, but Tenev emphasizes the need for regulatory action, specifically urging lawmakers to pass the CLARITY Act to enable real-time settlement for retail traders [5]

Core Viewpoint - Michael Burry has purchased shares of GameStop, indicating potential value in the stock despite its history as a meme stock, while not relying on a short squeeze for gains [1] Group 1: Investment Insights - GameStop shares are currently trading at 2.0 times price-to-book (P/B) and 3.2 times price-to-sales (P/S), suggesting they are undervalued [1] - CEO Ryan Cohen's recent purchase of 500,000 shares signals confidence in the company's strategic direction and turnaround efforts [1] - The stock has seen a recent increase of nearly 12% in the past week, contributing to an 18% gain for the month [1] Group 2: Market Position and Strategy - GameStop is pivoting towards collectibles, which have shown growth, indicating a shift in revenue strategy [1] - The company is viewed as a mid-cap value stock with potential for long-term growth, rather than a quick trading opportunity [1] - Burry's investment suggests that the market may not fully appreciate the underlying value of GameStop, even if it does not experience another meme stock rally [1]

Core Insights - American Bitcoin Corp. (NASDAQ:ABTC) has rapidly accumulated Bitcoin, becoming the 18th-largest Bitcoin treasury within five months of its public debut, holding 5,843 BTC valued at $520 million [2][3] - The company aims to surpass Galaxy Digital Inc. (NASDAQ:GLXY) to become the 17th-largest corporate holder of Bitcoin, while Michael Saylor's Strategy Inc. (NASDAQ:MSTR) leads with $63 billion in Bitcoin [3] Company Performance - American Bitcoin, a majority-owned subsidiary of Hut 8 Corp. (NASDAQ:HUT), began trading on Nasdaq on September 3, 2025, as a hybrid Bitcoin mining and treasury company [4] - The stock has experienced a significant decline of approximately 76% since its launch, attributed to Bitcoin's price drop and the expiration of the lock-up period for early investors [5] Analyst Perspectives - Roth Capital analyst Darren Aftahi has initiated coverage of ABTC with a "Buy" rating and a price target of $4, indicating positive future expectations [6] - The Moving Average Convergence Divergence indicator has signaled a "Buy" for the stock, suggesting potential upward momentum [6] Market Activity - As of the latest data, Bitcoin is trading at $89,097.07, reflecting a 0.48% increase over the last 24 hours [7] - American Bitcoin shares fell 0.63% in after-hours trading after a 5.30% increase during the regular session, indicating volatility in stock performance [7]