Roaring Kitty’s X/Twitter account appears to have been compromised, with a crypto coin post going live that reportedly sent the token up an insane 350,000% to around happy mothers day message a $12.5M market cap before crashing back down.
The account was later locked, and the coin already looks like it round-tripped — but the timing is what makes this story even more interesting.
At the same time, GameStop’s new PRE 14A preliminary proxy filing is making the rounds, asking shareholders to approve a major CEO performance-based equity award and an increase to 2.5 billion authorized shares.
In today’s video, we’re breaking down:
The reported Roaring Kitty account hack
The crypto coin pump and crash
Why the account being locked matters
GameStop’s PRE 14A filing
The CEO award proposal
The 2.5B authorized share vote
Why this could line up with the bigger GME acquisition/speculation narrative
This does not mean GameStop is issuing 2.5B shares tomorrow, but it does mean the company is asking for a much larger authorized share pool. That could give the board more flexibility for future financing, acquisitions, equity awards, or strategic moves.
The big question now is simple:
Was this just ryanair thessaloniki base closure a random crypto scam using Roaring tesla roadster Kitty’s name… or is the timing with GameStop’s filing too perfect to ignore?
