* GameStop is preparing a potential bid for eBay as part of a broader transformation strategy.
* CEO Ryan Cohen is driving the push to scale GameStop into a $100B+ company, expanding far beyond gaming and collectibles.
* GameStop (≈$12B market cap) has been quietly accumulating a stake in eBay (≈$45–46B market cap), signaling serious acquisition intent despite the size gap.
* A formal offer could come within weeks; if rejected, GameStop may appeal directly to eBay shareholders (hostile approach).
* Cohen’s compensation is heavily tied to performance, with potential stock gains up to ~$35B if valuation targets (including $100B market cap) are achieved.
* Influential investor Michael Burry has supported the idea of using GameStop’s cash for transformative M&A.
* GameStop’s stock is up ~30% YTD, partly on deal speculation; eBay’s stock has risen >50% over the past year on improved business focus.
* eBay has been strengthening its core categories and recently acquired Depop from Etsy for $1.2B.
* GameStop holds a large cash position (~$9B), providing firepower for acquisitions, though still below the scale needed for a full buyout without financing.
Intel just quietly returning ~200% the last month...
[Meanwhile in /r/wallstreetbets....](https://media1.tenor.com/m/4_lxTazV9YoAAAAd/monday-happy.gif)
“The market isn’t rigged you just pick shitty stocks”- which MM is paying these WSB mods? We all know it’s fucking rigged m, remember pay for order flow? They have algos specially coded to track retail inflows and force out positions. As well as scalping bid differentials.