Reported about 1 year ago
Keith Gill, also known as Roaring Kitty, has nearly doubled his GameStop stake to 9,001,000 shares, up from 5,000,000 earlier, by selling call options and purchasing more shares. Gill's position is now worth over $262 million, making him the fourth-largest GameStop shareholder. This move has caught the attention of GameStop's retail investors, resembling Chairman Ryan Cohen's 2020 stake before the meme-stock frenzy. Gill's cash reserves significantly decreased in the process, and while it's suspected he may have exercised some call options, specific details have led to speculation about his investment strategy.
Source: YAHOO