TLDR Michael Burry bought GameStop shares, comparing CEO Ryan Cohen to Warren Buffett and predicting the company could become like Berkshire Hathaway Cohen needsTLDR Michael Burry bought GameStop shares, comparing CEO Ryan Cohen to Warren Buffett and predicting the company could become like Berkshire Hathaway Cohen needs

GameStop (GME) Stock: Can Ryan Cohen Pull Off a $100 Billion Miracle?

3 min read

TLDR

  • Michael Burry bought GameStop shares, comparing CEO Ryan Cohen to Warren Buffett and predicting the company could become like Berkshire Hathaway
  • Cohen needs to grow GameStop’s market cap from current levels to $100 billion to unlock a $35 billion personal payout
  • The CEO plans a major acquisition in the consumer or retail sectors to transform the video game retailer into a diversified holding company
  • GameStop currently holds roughly $9 billion in cash to pursue potential acquisition targets
  • Cohen owns approximately 9% of outstanding shares and could receive options on more than 171.5 million shares if performance goals are met

GameStop CEO Ryan Cohen is pursuing a major acquisition to transform the video game retailer into a $100 billion diversified company. The move would unlock a massive $35 billion personal payout for Cohen.


GME Stock Card
GameStop Corp., GME

The Wall Street Journal reported that Cohen plans to pivot toward the consumer or retail sectors. This marks a dramatic shift from GameStop’s traditional video game business.

Michael Burry, famous for predicting the 2008 housing crisis, has purchased GameStop shares again. But this time, Burry isn’t betting on the retail business itself.

Burry believes Cohen can become a Warren Buffett-type figure. He thinks GameStop could transform into a holding company similar to Berkshire Hathaway.

GameStop shares jumped roughly 4.5% in Friday trading following the acquisition report. Investors appear to support Cohen’s vision for the company.

The compensation structure mirrors other moonshot executive deals. Tesla recently approved a similar high-reward framework for CEO Elon Musk.

Building the War Chest

GameStop currently holds approximately $9 billion in cash. This gives Cohen the firepower to pursue acquisition targets with stagnant management teams.

Burry noted in a recent newsletter that Cohen is managing a declining core business. He’s waiting for the right “cash cow” opportunity to emerge.

Cohen personally owns about 42.1 million shares of GameStop. That represents approximately 9% of outstanding shares.

He could receive options on more than 171.5 million additional shares if he meets certain performance goals. Since joining GameStop’s board in January 2021, Cohen has helped the stock outperform the S&P 500.

The Berkshire Comparison

Cohen has already made moves that support comparisons to Buffett’s approach. He added digital commerce to the dying retail video game business.

The CEO has invested in collectibles and allocated some company funds to Bitcoin. However, most of Cohen’s efforts have focused on remaking GameStop itself.

The Bitcoin purchase remains Cohen’s only major outside investment so far. He hasn’t yet made acquisitions comparable to Berkshire’s purchases of American Express or Coca-Cola.

Buffett bought Berkshire Hathaway in 1962 when it was a struggling textile manufacturer. He completely redefined the business by investing in high-quality companies during market downturns.

Cohen’s ability to build a similar conglomerate remains unproven. Investors will need to see more outside investments before validating the Berkshire comparison.

The post GameStop (GME) Stock: Can Ryan Cohen Pull Off a $100 Billion Miracle? appeared first on CoinCentral.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Botanix launches stBTC to deliver Bitcoin-native yield

Botanix launches stBTC to deliver Bitcoin-native yield

The post Botanix launches stBTC to deliver Bitcoin-native yield appeared on BitcoinEthereumNews.com. Botanix Labs has launched stBTC, a liquid staking token designed to turn Bitcoin into a yield-bearing asset by redistributing network gas fees directly to users. The protocol will begin yield accrual later this week, with its Genesis Vault scheduled to open on Sept. 25, capped at 50 BTC. The initiative marks one of the first attempts to generate Bitcoin-native yield without relying on inflationary token models or centralized custodians. stBTC works by allowing users to deposit Bitcoin into Botanix’s permissionless smart contract, receiving stBTC tokens that represent their share of the staking vault. As transactions occur, 50% of Botanix network gas fees, paid in BTC, flow back to stBTC holders. Over time, the value of stBTC increases relative to BTC, enabling users to redeem their original deposit plus yield. Botanix estimates early returns could reach 20–50% annually before stabilizing around 6–8%, a level similar to Ethereum staking but fully denominated in Bitcoin. Botanix says that security audits have been completed by Spearbit and Sigma Prime, and the protocol is built on the EIP-4626 vault standard, which also underpins Ethereum-based staking products. The company’s Spiderchain architecture, operated by 16 independent entities including Galaxy, Alchemy, and Fireblocks, secures the network. If adoption grows, Botanix argues the system could make Bitcoin a productive, composable asset for decentralized finance, while reinforcing network consensus. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/botanix-launches-stbtc
Share
BitcoinEthereumNews2025/09/18 02:37
PBOC sets USD/CNY reference rate at 6.9590 vs. 6.9570 previous

PBOC sets USD/CNY reference rate at 6.9590 vs. 6.9570 previous

The post PBOC sets USD/CNY reference rate at 6.9590 vs. 6.9570 previous appeared on BitcoinEthereumNews.com. On Friday, the People’s Bank of China (PBOC) sets the
Share
BitcoinEthereumNews2026/02/06 09:28
UK and US Seal $42 Billion Tech Pact Driving AI and Energy Future

UK and US Seal $42 Billion Tech Pact Driving AI and Energy Future

The post UK and US Seal $42 Billion Tech Pact Driving AI and Energy Future appeared on BitcoinEthereumNews.com. Key Highlights Microsoft and Google pledge billions as part of UK US tech partnership Nvidia to deploy 120,000 GPUs with British firm Nscale in Project Stargate Deal positions UK as an innovation hub rivaling global tech powers UK and US Seal $42 Billion Tech Pact Driving AI and Energy Future The UK and the US have signed a “Technological Prosperity Agreement” that paves the way for joint projects in artificial intelligence, quantum computing, and nuclear energy, according to Reuters. Donald Trump and King Charles review the guard of honour at Windsor Castle, 17 September 2025. Image: Kirsty Wigglesworth/Reuters The agreement was unveiled ahead of U.S. President Donald Trump’s second state visit to the UK, marking a historic moment in transatlantic technology cooperation. Billions Flow Into the UK Tech Sector As part of the deal, major American corporations pledged to invest $42 billion in the UK. Microsoft leads with a $30 billion investment to expand cloud and AI infrastructure, including the construction of a new supercomputer in Loughton. Nvidia will deploy 120,000 GPUs, including up to 60,000 Grace Blackwell Ultra chips—in partnership with the British company Nscale as part of Project Stargate. Google is contributing $6.8 billion to build a data center in Waltham Cross and expand DeepMind research. Other companies are joining as well. CoreWeave announced a $3.4 billion investment in data centers, while Salesforce, Scale AI, BlackRock, Oracle, and AWS confirmed additional investments ranging from hundreds of millions to several billion dollars. UK Positions Itself as a Global Innovation Hub British Prime Minister Keir Starmer said the deal could impact millions of lives across the Atlantic. He stressed that the UK aims to position itself as an investment hub with lighter regulations than the European Union. Nvidia spokesman David Hogan noted the significance of the agreement, saying it would…
Share
BitcoinEthereumNews2025/09/18 02:22