July 18, 2026·Bullish·institutional

GameStop Acquires 9.8% Stake in eBay for $3.97B

GameStop physically settled 39 million eBay shares, paying ~$3.965 billion from working capital, giving it control of ~9.8% of eBay. The move converts cash into a voting-rights-bearing stake in the e-commerce giant.

Detected & updated continuously · Source: Nebula

Mentioned

eBay (eBay)

GameStop (gme)

Sources

@ODB123

💥💥💥 GameStop just turned cash into a weapon with voting rights. The new 13D/A says $GME physically settled 39,046,658 $eBay shares, paid about $3.965B from working capital, and now controls roughly 43.39M $eBay shares about 9.8% of $eBay. The cash pile put on work boots, https://t.co/CgPXt2OSJI