Beyond Meat shares have plummeted from their recent peak after an astonishing 1,435% surge over six days, testing the resilience of a retail-driven meme stock phenomenon reminiscent of GameStop’s 2021 mania. The plant-based food company’s stock, which reached a high of $7.69 on Wednesday before falling 53.45% to $3.58 by market close and continuing to decline to $2.91, represents both the explosive potential and extreme volatility of social media-fueled trading movements. As analysts debate whether this is a healthy correction or the beginning of the end for the speculative rally, the fundamental weaknesses of Beyond Meat—including never having turned a profit since going public and recently conducting a debt swap that heavily diluted equity—cast doubt on the sustainability of its recent gains.
about Beyond Meat Stock Plunges After 1,435% Meme RallyKeith Gill
0 posts last weekGameStop’s $1.75B Bond Offer Sparks 22% Stock Drop
GameStop’s shares dropped sharply following its announcement of a $1.75 billion convertible bond offering, with proceeds earmarked for corporate purposes, including potential crypto investments. Despite purchasing 4,710 Bitcoin last month, the company has been criticized for its lack of transparency regarding its crypto strategy. CEO Ryan Cohen emphasized that GameStop isn’t mimicking other firms’ Bitcoin approaches, but critics like Strive CEO Matt Cole argue the company remains a ‘black box.’ The video game retailer, once a meme stock phenomenon, continues to navigate financial markets with mixed investor sentiment.
about GameStop's $1.75B Bond Offer Sparks 22% Stock DropGameStop Stock Dives After $500M Bitcoin Purchase
GameStop’s stock price declined for the second straight day, closing below $30 after the company revealed a $500 million Bitcoin acquisition. The Nasdaq-listed retailer’s shares dropped over 5%, nearly wiping out its weekly gains. This follows a pattern of volatility linked to GameStop’s crypto moves, including a previous rally when Bitcoin treasury plans were first disclosed. Bitcoin itself has dipped over 5% from its recent all-time high of $111,814. GameStop CEO Ryan Cohen hinted at potential future Bitcoin purchases but provided no concrete plans. The company’s strategy mirrors that of MicroStrategy, the largest corporate Bitcoin holder, though investors seem less enthusiastic about GameStop’s crypto pivot so far.
about GameStop Stock Dives After $500M Bitcoin PurchaseGameStop’s Bitcoin Buy Fails to Boost Stock Price
GameStop’s stock price fell over 10% after the company disclosed its first Bitcoin purchase, acquiring 4,710 BTC worth $512 million. Despite the dip, GME remains up 10% over the past week and 14% over the last month. The move follows GameStop’s announcement in late March to add Bitcoin as a treasury asset, raising $1.5 billion for the purpose. CEO Ryan Cohen had hinted at the strategy after meeting Bitcoin advocate Michael Saylor in February. While other firms like DeFi Development Corp. and SharpLink Gaming have seen gains from crypto treasury moves, GameStop’s larger scale and meme stock history have led to mixed investor reactions.
about GameStop's Bitcoin Buy Fails to Boost Stock PriceGameStop Considers Proposal to Convert Cash Reserves to Bitcoin
GameStop has received a proposal from Strive Asset Management to convert nearly $5 billion in cash reserves into Bitcoin, positioning the company as a leader in the gaming sector’s cryptocurrency space. The proposal highlights Bitcoin’s potential as a hedge against inflation and suggests further store closures to focus on e-commerce and AI-driven services. Following reports of this potential investment, GameStop’s stock price saw a notable increase.
about GameStop Considers Proposal to Convert Cash Reserves to BitcoinRoaring Kitty Boosts Unity Software Shares with Cryptic Social Media Post
Unity Software shares surged over 8% after Keith Gill, known as Roaring Kitty, posted a GIF referencing a Dave Chappelle skit, which traders linked to the gaming company. His influence extended beyond traditional markets, boosting a Unity-inspired meme coin on Solana by over 200%. Gill’s cryptic posts have historically impacted stock prices, including GameStop, where he holds 9 million shares valued at over $280 million.
about Roaring Kitty Boosts Unity Software Shares with Cryptic Social Media PostMarket Speculation Surges as Crypto and Meme Stocks Rally in 2025
Market speculation surged at the start of 2025, with crypto trades jumping as bitcoin surpassed $96,000. Stocks linked to the cryptocurrency, including Microstrategy and Coinbase, saw significant gains, while a token named “fartcoin” skyrocketed 45% to a $1.38 billion market value.Retail traders reacted to Roaring Kitty’s cryptic social media posts, speculating on Unity Software and GameStop. Meanwhile, semiconductor stocks continued their upward trend, and the broader market indices rose, reminiscent of the post-Trump election rally, despite concerns over potential economic concentration and inflation.
about Market Speculation Surges as Crypto and Meme Stocks Rally in 2025