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Gamestop CEO Ryan Cohen mass-unfollowed Bitcoin-related accounts

2025-08-09 13:42:08

ChainCatcher news, according to Protos, Gamestop CEO Ryan Cohen suddenly unfollowed all Bitcoin-related accounts on the X platform, a move that has drawn attention on social media.

Gamestop currently holds approximately $550 million worth of 4,710 Bitcoins, which is only one-third of the amount the company planned to purchase since April. Nevertheless, Cohen's investment attitude is considered lackluster, and he has even been criticized as "worthless" and a "non-Bitcoin supporter."

Additionally, Cohen has been nicknamed "Rugpull Ryan" to highlight that his stock price has dropped 80% from its historical peak. Although Gamestop raised $1.48 billion through bond sales in April, claiming it would be used for purchasing Bitcoin and company operations, Cohen has only used about one-third of those funds to buy Bitcoin.

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