Tate Bets Big on Meme Stocks, Targets Hedge Fund Manager for $13 Billion Loss

Controversial social media personality Andrew Tate has made headlines again, this time claiming to invest $500,000 in meme coins and GameStop to take down Wall Street. In a recent video on Twitter, Tate stated that he is 'cashing half a million dollars of Bitcoin right now' to bet against hedge funds, specifically targeting an unnamed manager who stands to lose $13 billion if GameStop opens at the current price.

Tate's move comes as meme stock mania continues to gain momentum, with Roaring Kitty, a well-known stock and meme influencer, making a surprise return to social media. This has sparked a 1,900% surge in a Solana-based tribute coin also named GME, and a brief doubling of the price of GameStop.

Tate claims he doesn't care if he loses everything, stating that his goal is to take down Wall Street. He references past losses attacking The Matrix during the GameStop saga, saying 'I lost a lot of money, but it's always been part of the resistance.'