GameStop CEO calls consumer goods acquisition plan more attractive than BTC

GameStop CEO Ryan Cohen is planning to acquire a publicly traded consumer goods company, calling the new plan much more attractive than Bitcoin. According to CoinDesk, he stated that he is planning a very large-scale acquisition of a public company that he believes will innovatively transform GameStop and could increase its value to hundreds of billions of dollars. When asked if he plans to cash out Bitcoin to fund the acquisition, Cohen declined to answer, saying it was not yet the time to comment but reiterated that the new strategy is more attractive than Bitcoin.