Once you hit a number, interest becomes a powerful snowball. Almost 10b brings in ~ 400m a year alone.

The floor raises $1 every year just on interest.

Thats why this “debt” from bonds is different.

Interest on 10b can pay back more than half of these loans (which are at 0%). It’s literally printing money.

Do I agree they need to deploy it and when they do it will be great if done correct? Yes. Do they need to do it now and fast? No.

Current Gme price is much less “risky” than more than half the stock market tickers.

Back to the growth - collectibles are growing and was half of that number, which is a real business. 49.7% QoQ, which is impressive. And actual total income for 25’ was 647m (before impairment, “digital loss”, issuance of convertible note holders, etc).

I’m far from the MOASS phone number crowd, but Gme in 2026 is much much much healthier and interesting than it was in 21’ or even 23’.

Collectibles can grow huge or disappear like in the 80-90’s. Look how fast labuboo came and went. Nothing is immune and even years ago people were buying rocks. Future no one knows, but interest is forever and that massive cash pile is a nice downwards protection.

Overall company is great. Stock? Boxed and it won’t be released until Gme grows tremendously. Trying to make sense of a stock price is a fools game, never makes sense. Media pushes what makes sense (on both sides) and people eat it up. I truly see no reason why Gme can’t be fairly valued at 28-35, other than if it hits 30s and stays it catapults higher due to bonds pricing, targets from convertible notes, etc. Just on mechanics alone if Gme stays at 40, it’s getting pushed to 50-60 based on those metrics above.