According to PANews, renowned investor Keith Gill, also known as 'Roaring Kitty', has disclosed that his GEM stocks and options are now worth approximately $586 million. He also announced that he will be live streaming on YouTube on Friday. This news comes as GameStop's stock price rose by 47% at the close of trading on Thursday. This move has also impacted the digital asset market. Data from CoinGecko shows that the Meme coin GME, based on Solana, is now priced at $0.0227, with a 24-hour increase of 120.6%.
Keith Gill's disclosure of his substantial holdings in GEM stocks and options has drawn significant attention from the investment community. His decision to live stream on YouTube is expected to attract a large audience, given his reputation and the size of his holdings. The rise in GameStop's stock price is a testament to the influence that prominent investors like Gill can have on the market.
The impact of this development on the digital asset market is also noteworthy. The Meme coin GME, which is based on the Solana blockchain, has seen a significant increase in its price. This suggests that the news of Gill's holdings and the subsequent rise in GameStop's stock price have had a ripple effect on the digital asset market. The 24-hour increase of 120.6% in the price of the Meme coin GME is indicative of this impact.