GameStop shares have once again captured the attention of investors and meme stock enthusiasts. The catalyst? None other than Keith Gill, the enigmatic figure known as “Roaring Kitty,” who played a pivotal role in the 2021 meme stock frenzy. Gill’s reappearance on social media has sent shockwaves through the financial world, and GameStop’s stock price is once again on the rise.

Keith Gill, operating under the online alias “Roaring Kitty,” became a legend among retail traders during the GameStop saga last year. His posts on platforms like Reddit’s r/WallStreetBets fueled a surge in GameStop’s stock price, leaving Wall Street hedge funds scrambling. Now, after a period of relative silence, Roaring Kitty has returned with a bang.

Gill’s recent social media activity included a cryptic image—an UNO reverse card. For those unfamiliar, this card signifies a comeback or karmic retribution. But the real bombshell was in the details: Gill allegedly holds a staggering $116 million position in GameStop. According to a screenshot he shared on Reddit’s r/Superstonk forum, he owns 5 million shares of the company, acquired at an average price of $21.27 per share. Additionally, he revealed 120,000 call options, valued at approximately $65.7 million, set to expire on June 21 with a strike price of $20.

The news of Roaring Kitty’s massive position sent GameStop shares soaring in premarket trading. Although the initial gains were trimmed once regular trading hours began, the stock still maintained a significant increase from the previous day’s closing price. Investors and traders are closely monitoring the situation, wondering if history will repeat itself.

Interestingly, Gill’s social media post not only impacted GameStop but also had an unexpected effect on a meme cryptocurrency named GME. Based on the Solana blockchain, GME skyrocketed more than 230% in the past 24 hours, now boasting a market capitalization of $94.5 million. It seems that Roaring Kitty’s influence extends beyond traditional stocks.

As the Roaring Kitty saga unfolds, investors and traders are once again caught up in the excitement. Whether this resurgence will lead to another meme stock frenzy remains to be seen, but one thing is certain: GameStop’s roller-coaster ride continues, and Roaring Kitty is back in the spotlight.