The price of Bitcoin has increased almost 4.5% this year alone but that is nothing compared to the meteoric rise of GameStop’s share . In January 2021, a group of retail investors on the social media platform Reddit, primarily on the subreddit r/WallStreetBets, orchestrated a massive surge in GameStop's stock price, pushing its market value past $10 billion. The movement was fueled by a coordinated effort to collectively buy shares of the struggling video game retailer, primarily to squeeze out institutional short sellers betting against the company's stock. This phenomenon, often referred to as a "short squeeze," garnered significant attention worldwide, highlighting the power of social media-driven retail investor activism and sparking debates about market manipulation, regulation, and the democratization of investing.
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