Keith Gill Reveals Its GEM Stock and Options Position at $586 million, Driving GME Up Over 120%
On June 7th, according to a screenshot posted on Reddit, well-known investor Keith Gill (known as "Roaring Kitty") disclosed that his GEM stock and options positions are now worth about $586 million, and announced that it will be broadcast live on YouTube on Friday. GameStop shares closed up 47% on Thursday. The move also affected the digital asset market.
CoinGecko data shows that the Solana-based Meme Coin GME is now trading at $0.0227, a 24-hour gain of 120.6%.