The person mostly responsible for the 2021 meme stock frenzy, Keith Gill, also known as “Roaring Kitty,” has disclosed how much shares of the video game store GameStop he owns.
Walter Bloomberg, an account on social networking platform X that frequently follows news about the world market, claims that Gill stated on Reddit on June 2 that he is the owner of shares in the US-based corporation valued at over $115.7 million.
In pre-market trading on June 3, the GameStop Corporation shares was up 80.81 percent, trading at $41.84, following the news. At 4:30 a.m. ET, 4.4 million shares had changed hands, making it the second-most frequently traded stock.
Additionally, he revealed that he “has about $65.7 million in call options expiring on June 21 with a strike price of $20 each” in the r/SuperStonk subreddit.
The powerful investor has gained $330 million in today’s pre-market trading, bringing the total value of his holdings to almost $500 million.
A screenshot posted on Sunday also showed GameStop’s $20 off offer, which expires on June 21. The stock closed Friday at $23, up about 33% since Gill began sharing cryptic messages and memes on X.com in May, sparking speculation about whether he could make it. is starting to share its store online again after a three-year hiatus.
Gill did not respond to a request for comment on Reddit or by email. Shares in Reddit rose 7.5%, while trading firm Robinhood gained 3.5%.Among other proprietary stocks, AMC rose by 30%, Tupperware by 12%, BlackBerry listed on the US stock market by 7.8%. of.
