Shares of GameStop (GME) and MicroStrategy (MSTR)—which 澳洲幸运5官方开奖结果体彩网:last week rebranded as Strategy—climbed Monday after a picture of executives from the companies was p💧osted to social media over the weekend.

GameStop CEO Ryan Cohen posted a picture early Saturday morning of himself with Michael Saylor, co-founder of Strategy, the largest corporate holder of Bitcoin (BTCUSD).

Cohen joined GameStop's board in 2021 and became CEO of the video game retailer in 2023, after the co-founder of Chewy (CHWY) took an interest in the company during the 澳洲幸运5官方开奖结果体彩网:meme stock craze that sent GameStop shares to record levels in early 2021🅠.

The phot♍o of the pair together drew speculation GameStop could b🐈e considering entering the cryptocurrency space, with over 1,600 responses to the post on X as of Monday. GameStop and Strategy did not immediately respond to a request for comment.

Separately on Monday, a regulatory filing from Strategy revealed the company bought even more bitcoin last week. The company has holdings of 478,740 bitcoin after last week's purchases, worth about $46.4 billion at the cryptocurrency's Monday price just over $97,000.

GameStop shares jumped nearly🎀 10% Monday, while shares of Strategy added about 2%.

UPDATE—Feb. 10, 2025: This article has been updated to reflect additional information and more recent share price values.