GameStop's 'Daejang Ant' Verifies Account Holding 45 Billion KRW After Stock Rebound

[Asia Economy New York=Correspondent Baek Jong-min] An individual investor who led American retail investors in buying GameStop stocks and defeated short-selling forces has verified a stock account valued at $39.8 million (approximately 45 billion KRW).

[Image source=Reuters Yonhap News]

MarketWatch reported on the 2nd (local time) that Keith Gill (34), who led the GameStop buying campaign through the internet site Reddit and his YouTube channel, revealed his account online.

The value of the GameStop stocks he holds reached $19 million (about 21.4 billion KRW), and the value of GameStop-related options was $8.9 million (about 1 billion KRW).

Additionally, it was confirmed that he separately holds $11.9 million (about 13.4 billion KRW) in cash in his stock account. The total amount shown in the account reached $39.8 million.

Gill's GameStop investment profits are estimated to have decreased as the GameStop stock price fell significantly from its peak but increased again as the stock price rebounded considerably from its low. Gill invested $53,000 (about 59 million KRW) in GameStop in June 2019.

Gill led the retail investors' rebellion against hedge funds' short selling on Reddit's stock discussion board 'WallStreetBets' and his YouTube channel 'Roaring Kitty,' but he was embroiled in controversy over improper trading and testified at a congressional hearing.

This content was produced with the assistance of AI translation services.