'Bond King' Bill Gross made millions betting against GameStop. He says it now behaves like bitcoin.

'Bond King' Bill Gross made millions betting against GameStop. He says it now behaves like bitcoin.

Bill Gross, co-founder and co-chief investment officer of Pacific Investment Management Company (PIMCO), adjusts his sunglasses as he arrives to speak at the Morningstar Investment Conference in Chicago, Illinois, June 19, 2014REUTERS/Jim YoungBill Gross says he's not interested in targeting meme stocks such as Opendoor or American Eagle.The "Bond King" made millions betting against GameStop and AMC during the meme-stock boom in 2021.Gross said …

GameStop Bitcoin Volatility: Remarkable Shift Sees GME Mirror BTC, Says Bill Gross

The post Remarkable Shift Sees GME Mirror BTC, Says Bill Gross appeared on BitcoinEthereumNews.com. GameStop Bitcoin Volatility: Remarkable Shift Sees GME Mirror BTC, Says Bill Gross Skip to content Home News Crypto News GameStop Bitcoin Volatility: Remarkable Shift Sees GME Mirror BTC, Says Bill Gross Source: https://bitcoinworld.co.in/gamestop-bitcoin-volatility-shift/

Billionaire Bill Gross says GameStop now trades more like Bitcoin than a meme stock

GameStop's shift towards Bitcoin-like trading suggests a strategic pivot in investment focus, potentially influencing retail investor behavior. The post Billionaire Bill Gross says GameStop now trades more like Bitcoin than a meme stock appeared first on Crypto Briefing.

The Bond King Just Called GameStop the New Bitcoin (And He’s Not Wrong)

Remember Bill Gross? The guy they call the “Bond King” who basically built PIMCO into a $270 billion empire? Yeah, that guy just dropped some spicy takes about GameStop that’ll make your head spin. So here’s the tea: Gross made absolute bank betting against GameStop during the 2021 meme stock madness. We’re talking $15-20 million in profits from essentially saying “nah, this is ridiculous” while Reddit was losing its collective mind. The man was…