According to Cointelegraph, the famous trader Keith Gill (nicknamed "Roaring Kitty") has bought GameStop (GME) shares again. On June 13, Gill announced the purchase of another 4 million shares of GME, bringing his total holdings to more than 9 million shares, worth about $262 million. The community speculated that he might join the company's board of directors.

Gill’s new stake makes him the fourth-largest shareholder in GME, according to a GameStop filing. Traders believe the stock price could rise to $200.

Another trader predicted that Roaring Kitty would join the board and push up the stock price. Jacob Slade, founder of Mt. Zion Market Ventures, pointed out that Gill's stake was the same as when GameStop CEO Ryan Cohen joined. In addition, Gill's Twitter memes and Easter eggs on the GameStop website also sparked further speculation.