You're right. Although it looks like they're hyping it purely on the idea the bitcoin will go up. So maybe buying bitcoin is still a good hedge. Gamestop is a

You're right. Although it looks like they're hyping it purely on the idea the bitcoin will go up. So maybe buying bitcoin is still a good hedge. Gamestop is a bit different. Gamestop was hyped based on I don't know what, maybe hype alone. The point is there was nothing to hedge with. With RIOT and MARA, they're hyped based on the idea that bitcoin will go up, which gives an obvious hedge.