Mar. 26 at 11:37 AM
BREAKING: Mainstream outlets are now flagging the
$GME →
$EBAY buzz as more than rumors — they’re talking real acquisition math and how Cohen might fund it.
$GME just reported a ~
$9B war chest (cash & equivalents) — nearly double year‑ago levels — bolstered by *
$4.2B in convertible notes + ~
$600M FCF — positioning the company to throw real capital into deals.
eBay’s market cap sits near ~
$40B, meaning GameStop can’t just buy it with cash alone — hybrid financing, including debt, equity & converts, would be essential if this turns into a real takeover or leveraged buyout.
Cohen has been completely silent on calls & guidance — investors are taking that silence as strategic positioning, not coincidence.
Reddit apes aren’t quiet either: massive threads are running theories about transformational M&A, with some claiming it could redefine GME’s identity from meme‑stock retailer to a
$100B+ powerhouse combining collectibles, eBay reach & network effects.