The founder of Tron bought GME for $10 million, after which the stock price fell by 80%.He continues to hold a long position.
Justin Sun decided to support the retail investor movement from Reddit and bought GME shares, which several major exchanges , including Robinhood, had stopped trading.
Sun has invested over $ 10 million in GameStop and another $ 1 million in AMC stock. Shortly thereafter, asset prices plummeted. He ended up losing over $ 8 million.
The founder of Tron admitted that he still hasn't sold the assets – even after their value has decreased by 80%.
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