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Gamestop CEO Ryan Cohen has massively unfollowed Bitcoin-related accounts.
According to ChainCatcher news and Protos reports, Gamestop CEO Ryan Cohen suddenly unfollowed all Bitcoin-related accounts on the X platform, a move that has attracted 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 to lack enthusiasm, with critics even labeling it as "worthless" and "non-Bitcoin supporter." Additionally, Cohen is nicknamed "Rugpull Ryan" to highlight that his stock price has dropped by 80% from its historical high. Although Gamestop raised $1.48 billion in April through bond sales, claiming it would be used for purchasing Bitcoin and company operations, Cohen only used about one-third of those funds to buy Bitcoin.