GameStop should buy Bitcoin according to Anthony Scaramucci

American financier Anthony Scaramucci has suggested that GameStop, a video game retailer, invest in Bitcoin, the leading cryptocurrency by market capitalization.

Scaramucci shared his idea on X (Twitter), but did not provide more information.

GameStop should buy the #BITCO https://t.co/Ubhmv3nlFJ

—Anthony Scaramucci (@Scaramucci) June 7, 2024

This decline followed their sharp rise, which rose nearly 50% after life broadcasting of Keith Gill aka “Roaring Kitty” on YouTube.

The company pointed out that the recent significant rally was not supported by fundamentals, indirectly criticizing Gill's actions.

Gill, who gained notoriety for his role in GameStop's stock spike in 2011, recently returned to social media with cryptic posts that his followers interpreted on their own.