Ryan Cohen is pursuing a major acquisition with GameStop.

Big Move from GameStop CEO

GameStop CEO Ryan Cohen announced a plan for a "very, very, very big" acquisition with a publicly traded consumer company. Cohen emphasized that this new strategy is much more appealing than Bitcoin.

Bitcoin Assets Reassessed

Cohen also did not rule out the possibility of converting the company's Bitcoin assets into cash where feasible. GameStop recently transferred its assets worth a total of 4,710 Bitcoin to Coinbase Prime. This situation has led to speculation among investors that the assets may be sold.