GameStop hasn’t had any capital infusion with this runup unless they do a secondary offering and issue new equity. The run up helps public shareholders only. That said, I agree with the rest of your analysis.
Or they use the stock price as collateral, which would be stupid because everyone knows this is going right back to sub $20 a share...
Infusion. Off-loading key properties within its portfolio will provide GameStop with a tremendous cash infusion in the very near term.
Cash not capital but same effect. Liquidity.
They should issue a few million new shares. It will give them a capital infusion and it would give the hedgies a way to get out.
The ONLY people who will get out of this unscathed are the GME management who should be exercising their $2 options by the boatload.