Gamestop CEO Ryan Cohen suspends large-scale access to Bitcoin related accounts

On August 9th, Gamestop CEO Ryan Cohen suddenly unfollowed all Bitcoin related accounts on the X platform, which sparked social media attention. Gamestop currently holds approximately $550 million worth of 4710 bitcoins, which is only one-third of the company's planned purchases since April. However, Cohen's investment attitude is considered lacking in enthusiasm, and even criticized as "worthless" and "non Bitcoin supporter" by critics. In addition, Cohen is nicknamed "Rugpull Ryan" to point out that his stock price has dropped 80% from its historical high. Although Gamestop raised $1.48 billion through bond sales in April, claiming it would be used to purchase Bitcoin and operate the company, Cohen only used about one-third of the funds to purchase Bitcoin.