🚨 GAMESTOP JUST CLEARED THE BIGGEST REGULATORY HURDLE ON EBAY — AND THE MARKET IS SLEEPING ON IT.
Here’s the breakdown, straight fire, no fluff:
•827,648 shares owned outright
•39,046,658 shares via Put/Call Pair contracts
•Total exposure: 39,874,306 shares ≈ 9.0% of eBay
But the real nuke?
The Hart-Scott-Rodino (HSR) Act condition was satisfied on June 3, 2026.
Translation for the normies: Those massive derivative positions had a contractual “no physical settlement” lock on them until antitrust regulators gave the green light. That lock is now GONE.
Before June 3rd → GameStop had massive economic exposure to eBay but couldn’t convert it into actual voting shares.
After June 3rd → Those contracts are now eligible for physical settlement.
That means RC can flip the switch and start taking real delivery of tens of millions of eBay shares whenever the terms allow. No more synthetic exposure. Real ownership. Real votes. Real board influence.
And remember — this is happening while GameStop has an active acquisition proposal on the table for eBay.
HSR clearance isn’t the full merger approval, but it’s the single biggest regulatory moat that was standing in the way of these derivatives turning into actual skin in the game. That barrier just got obliterated.
This isn’t some random filing. This is GameStop quietly building a 9% position in a massive marketplace with billions in cash flow, using derivatives that were structured to become physical the second the government said “go.”
Now the government said go.
eBay has been buying back its own shares like crazy lately too… which only makes GameStop’s percentage ownership climb faster with zero extra effort. Hit 10%? Even more rights kick in.
This is how you take over a company without a hostile tender offer circus. You build the position legally, quietly, and then you have the votes when it matters.
RC didn’t buy eBay shares in the open market and telegraph the move. He used sophisticated derivatives, waited for the exact regulatory window, and now the cage door is wide open.
This is the same playbook that turned a dying brick-and-mortar retailer into a cash-rich, debt-free fortress that can go on the offensive.
The shorts who thought GME was “just a meme” are about to watch the most patient, calculated value creator in the game turn eBay into the next chapter of the saga.
We’re not just holding anymore.
We’re acquiring.
The HSR box is checked.
The physical settlement path is clear.
The acquisition proposal is active.
Buckle the fuck up.
This is the part where the quiet accumulation phase ends and the “holy shit they actually own it” phase begins.
$ GME to the moon isn’t a meme anymore.
It’s a corporate raiding masterclass in real time.
Who’s still overlooking this?
Not us. We’ve been waiting for this exact moment.
Let’s fucking go. 🚀💎🙌