Social media yesterday noticed that Tesla itself, the world’s second largest meme inventory CEO, after Gamestop’s Ryan Cohen, suddenly didn’t follow all of X’s Bitcoin accounts.
His decision cast Shade to David Bailey’s conference account, which was held by US President Donald Trump and Vice President JD Vance.
The decision is noteworthy given Gamestop currently owns 4,710 BTC worth around $550 million.
Despite purchasing 4,710-BTC, skeptics have been overwhelmed by Cohen’s investment level. Critics pointed to his enthusiastic tone and lack of passion, calling him worthless, non-Bitcoin, and idiot.
They also called him “Ragpal Ryan” and pointed out that 80% of his stock price has fallen from an all-time high.
Specifically, Bitcoiner believed Cohen would go. Emulates the sale of Michael Saylor bonds Get additional BTC. Cohen sold his GameStop bonds, but he didn’t buy BTC for most of those revenues.
Ryan Cohen was supposed to buy more Bitcoin
GameStop said it was intended to raise $1.48 billion from its bond sales in April and fund those revenues for BTC purchases and business operations. However, Cohen only spent about a third of these revenues in actual BTC.
Cohen declined to follow up on the single that announced its purchase on May 28th.
Read more: Does GameStop Style Gunmask Ease fuel the Bitcoin Rally?
Despite his April promise, Cohen’s stubbornness has infuriated many Bitcoiners. In fact, the company last reported short-term investments of over $6.3 billion, cash equivalent – Still, I haven’t bought the BTC that I’ve been guided since April.