What's your idea of GME's debt level and turnaround after their BTC purchase?

Hey fellow BTC hodlers, after this past week's announcement that Ryan Cohen had bought 4,710 BTC for GameStop, I noticed some reactions that were surprising, to say the least.

BTW, this purchase makes them the 5th top corporate BTC holders, when excluding funds and exchanges etc.

So, my question is, how up to date are you guys on GME? I'm asking because MSM has been spreading loads of BS in the past years (read: straight up lies)

Fact 1: GameStop no longer has debt.

Fact 2: The company sits on 5+ billy in cash.

Fact 3: the company has been profitable for the past 6 quarters.

Fact 4: hedge funds have been creating synthetic shares to keep shorting the stock, for years, and hoping they would never have to close the positions bc bankruptcy. Not gonna happen.

Fact 5: GME recently sold all canadian stores, getting rid of the unprofitable locations. GME is now profitable in the US.

Fact 6: Ryan Cohen assumes the position of CEO with 0 compensation. He kicked executives that were not investing in the company.

Fact 7: over 200k investors have removed their shares through direct registration (vs broker held shares). These shares cannot be borrowed (shorted).

This is not financial advice. Do your own research.

At the time of writing this, $GME is up 28.78% in the past year. No debt, almost 6 billy in cash, and profitable.

Just wanted to set the records straight.

submitted by /u/Ok-Information-6722 to r/btc
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Quelle: bitcoin-en