GameStop venturing into the world of crypto is a wild bet

1. GameStop's stock plummeted 20% after bond announcement for crypto investment. 2. Management aims to pivot, but loses investor confidence amid volatility. 3. Ryan Cohen's strategy involves diluting shares to enter the crypto market. 4. GME's business model hasn't significantly changed, affecting long-term prospects. 5. Market sentiment has shifted, prioritizing fundamentals over meme-driven hype.