Keith Gill's $79 Million Gain from GameStop Stake Disclosure on Reddit

Reported 4 months ago

Keith Gill, known as Roaring Kitty on YouTube, gained $79 million in one day from his GameStop investment after disclosing his over $100 million bet on the stock. His gains came from holding onto 5 million shares and 120,000 call options, resulting in a $33.6 million profit on his stock and a $54.3 million gain on his call options by the end of the trading day. Gill's total account value is $289.3 million, making him GameStop's fifth largest shareholder amid concerns of market manipulation following his social media activity.

Source: YAHOO

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