PANews reported on March 29 that according to Investing, although the crypto community generally believes that adding Bitcoin to the balance sheet is good news, GameStop's stock price fell below $22, a five-day drop of nearly 15%. In addition, Strategy and Coinbase's stock prices also fell to a certain extent.
Analysts believe that for GameStop, Strategy and Marathon stock prices to rise, Bitcoin may need to reach the so-called "exit velocity," that is, the price breaks through $110,000 and exceeds the average purchase price of these companies. Only then will new demand for these stocks exceed the dilution pressure caused by bondholders' hedging. Before Bitcoin sees a major breakthrough, analysts expect GameStop and other listed companies holding Bitcoin may continue to fluctuate in a range.

