Roaring Kitty, the GameStop short squeeze instigator, is about to start a live stream! GME surge could make him a millionaire.

Roaring Kitty, who once led the epic GameStop short squeeze event, has been quiet for three years. Recently, he has been posting on X and Reddit, and yesterday he announced that he will be live streaming on YouTube. Although he did not reveal the content of the live stream, the price of GME surged ahead. GME skyrocketed by 47.5% yesterday, and surged nearly 32% after hours, closing at $61.27.

Roaring Kitty Goes Live at Midnight on 6/8

Roaring Kitty, also known as Keith Gill, announced that he will be live on YouTube at midnight on June 8th (Taiwan time). The content of the live stream has not been disclosed, but nearly 12,000 people are already waiting in the live chat room, actively engaging in discussions.

Will Roaring Kitty Become a Billionaire?

According to a screenshot posted by Keith Gill on his Reddit account under the username DeepFuckingValue, he holds 5 million shares of GameStop at a price of $21.27 per share, as well as 120,000 call options with a strike price of $20 and an expiration date of June 21st, with a cost of approximately $5.68 per option. The market value of his holdings has exceeded $586 million, marking a 219% increase to date.

Unusual Whales estimates that if GME rises above $65, Keith Gill will become a billionaire, all within just one month!

Keith Gill Amid Controversy

In 2021, Keith Gill posted several analysis videos about GameStop on YouTube, attracting a group of retail investors who, using the then no-commission brokerage platform Robinhood, bought GameStop stocks and call options. This move caused significant losses for hedge funds heavily shorting GameStop, and Netflix is even turning this epic event into a documentary called "The Wall Street Bets: GameStop Saga."

This meme stock frenzy led to a series of congressional hearings, including Keith Gill's testimony about broker practices and gamified retail stock trading. He also faced several lawsuits, one of which accused him of posing as a novice trader despite being a licensed professional.

According to the Wall Street Journal, Morgan Stanley's global financial crimes division and external legal advisors are discussing whether Gill's stock account should be terminated.

However, BitMEX founder Arthur Hayes is riding the wave and has publicly invited Roaring Kitty to join Token2049 in Singapore in September this year, where they will engage in a public discussion together on stage.