「The Big Short」 Michael Burry Sells Off Entire GameStop Position
BlockBeats News, May 5th. According to
Burry stated on Monday that his previous investment thesis, which aimed to transform GameStop into a Berkshire Hathaway-style company through acquisitions, was not compatible with the large-scale debt financing required for the acquisition of an exchange. Therefore, he chose to exit his investment.
According to Bitget market data, GameStop fell 10.14% on Monday to $23.84.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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