The promoter of the GameStop short squeeze incident posted a post on Reddit after three years, which may imply that he holds GME stocks and call options.

Roaring Kitty (real name Keith Gill), the well-known promoter of the GameStop short squeeze incident, once again posted on the well-known forum Reddit after three years. He showed a picture in an article published earlier on Monday (3rd), suggesting that he may hold a call option on GameStop stock (ticker code: GME) worth US$65 million, with a strike price of US$20 and an expiration date of US$65 million. for June 21st. Additionally, the image implies a holding of 5 million shares of GME stock, worth approximately $115 million.

Source: Reddit

Roaring Kitty also posted an image of a green Roar tile from the card game UNO on the X platform, his latest tweet following a string of high-profile movie and TV series clips posted between May 13 and 18 this year.

pic.twitter.com/zUuccrKWZr

— Roaring Kitty (@TheRoaringKitty) June 3, 2024

According to CoinMarketCap data, influenced by Roaring Kitty’s post on Reddit, the meme currency GME on the Solana chain has surged, with an increase of approximately 220% in the past three hours. As of the publication of this article, the GME currency was trading at $0.0118.

Because he believed that GameStop was undervalued, Roaring Kitty led a group of retail investors to confront Wall Street short institutions in January 2021, triggering the famous "GameStop Short Squeeze Incident". After years of silence, Roaring Kitty returned again in May this year. He first released a picture of a player leaning forward on a chair on the X platform. In the following days, he released many well-known movie and TV scene clips.

Although the tweets posted by Roaring Kitty in May did not include any textual description of their own, they triggered a sharp rise in GameStop's stock price, with an increase of 271% in two days. However, GME's stock price fell back to its pre-skyrocket level in the following week or so. price point.

Related reports: "The promoter of the "GameStop short squeeze incident" returns, and the meme coin of the same name rises by more than 6,000%"

This article The promoter of the GameStop short squeeze event posted a post on Reddit after three years, or hinted at holding GME stocks and call options. First appeared on Zombit.