2/2/2024 Estimated DRS count: 75,964,491 ((using today's DRSbot total + fix inadvertent DRSbot offline or resets) x 4.129)

The 4.129 multiplier comes from 11/30/2023 Form 10-Q divided by DRSbot 11/30/2023 total: 75,400,000 / 18,262,331 = 4.129

Bloomberg data (to 1/26/2024), DRS estimated counts, and other:

Holding	Number of shares	As of
Former Insiders (Other)	14,339,510	12/9/2023
ETFs	29,950,420	12/9/2023
MFs, Index Funds, Pension Funds, etc	36,116,363	1/26/2024
Other Institutional Ownership	30,102,685	12/9/2023
Insiders	38,655,910	12/9/2023
DRS'd - 200k Computershare accounts	75,964,491	2/2/2024
Non-DRS - 200k acct if 30% stuck in IRA	22,789,347	2/2/2024
Non-DRS - 200k acct if 50% stuck in IRA	15,192,898	2/2/2024
Other	42,402,691	2/2/2024

• Total Outstanding on 11/30/2023: 305,514,315
• Thank you to lawsondt for the Bloomberg data to 12/9/2023
• Blackrock increased shares by 567,123 on 12/31/2023 (1/26/2024 file date). From 21,977,404 to 22,544,527.
• "Non-DRS - 200k acct if 30% stuck in IRA" is a conservative percentage. The Google share count surveys have suggested the 200k Computershare accounts have 40-50% additional shares stuck in IRAs.
• "Fix inadvertent DRSbot offline or resets" is primarily whale #1's 1,390,972 DRS shares (as of 1/4/2024). Long story of switching subs and losing her DRS share count. So added the "fix inadvertent" column to capture her DRS shares.
• Starting 1/4/2024, whale #1 started gift transferring DRS shares to others. 1,390,995 (on 12/25/2023) to now 1,390,972 (on 1/4/2024). Will continue using 1,390,995 in fix inadvertent unless those recipients feed DRSbot.

Discussion points:

• It seems odd on some of the DRS count fluctuations since the beginning.
• There have been 2 "somewhat hidden" 2022 rugpulls (May 2022 and Aug/Sep/Oct 2022), the June 2023 Mainstar rugpull, and now the Sep/Oct/Nov 2023 rugpull.
• It seems odd on recent DRS count stagnating (excluding the Mainstar rugpull of 1.27 million shares). From a very simplistic view assuming 200,000 Computershare accounts:

Buy X number of shares a month	Multiply by 3 months per quarter	Total DRS per quarter if 100,000 active accounts	Total DRS per quarter if 200,000 active accounts
1	3	300,000	600,000
2	6	600,000	1,200,000
3	9	900,000	1,800,000
4	12	1,200,000	2,400,000
5	15	1,500,000	3,000,000

• The April 2023 list of stockholders DRS numbers seem correct and line up with SEC filings.
• Possible some investors have had to un-DRS.
• Possible economic slowdown and inflation have reduced investor purchasing power.
• Possible whale investors who helped inflate DRS numbers alot, have dramatically slowed down their purchasing.
• Tinfoil - certain parties inflate DRS shares 9 to 18 months back, then drain their DRS shares later. Probably spread across say 3,000 accounts to make it seem like normal activity.
• Tinfoil - operational efficiency draining from DRS non-Book shares on certain dates.
• Tinfoil - possible something funny with SEC filing reported number.
• There is the recent post from sister sub, google search on: Deep analysis on Computershare recurring buys reddit

He examines the bi-weekly recurring Computershare buys. The bi-weekly recurring buys were around $900k to $1.5 million.

An alternative DRS count estimation may be estimating money spent by retail purchasing GME per quarter. It was around $1.2 million average per 6 recurring Computershare buys per quarter. Then say a massively conservative $200k per other trading day. So:

If average $1.2 million spent per bi-weekly purchase, and say $14 a share, multiply by 6 for one GME quarter:

• 1,200,000 / 14 = 85,714 shares * 6 = 514,284 shares
• The 6 recurring buys alone should add 514,284 DRS shares.

Other 54 trading days:

• $200,000 / $14 a share = 14,285 shares a day
• 54 * 14,285 = 771,390 shares

Total:

514,284 + 771,390 = +1,285,674 DRS shares a quarter

---

Additional data:

Number of Computershare accounts:

Date	Number of Computershare accounts
5/8/2023	213,4xx
8/2023 or 9/2023	213,500
10/24/2023	216,3xx
11/21/2023	217,xxx
12/10/2023	218,xxx
1/4/2024	218,4xx

Number of record holders:

Date	Source	Number of record holders
3/11/2022	Form 10-K	125,543
3/22/2023	Form 10-K	197,058
4/21/2023	List of stockholders	197,954

4/21/2023 List of stockholders top 25 holders (Credit: drs gme org contributors):

Position	Who	Amount
1	Cede & Co	228,451,023.9
2		1,200,009
3		203,868.0026
4		160,000
5		146,896
6		128,000
7		109,812
8		108,000
9		108,000
10	GameStop Omnibus Account	78,012
11		72,000
12		66,000
13		65,329
14		61,536
15		60,140
16		60,000
17		60,000
18		58,000
19		57,884
20		57,065.16734
21		55,840
22		55,479.32866
23		53,000.09312
24		51,600
25		50,810.5893

GME Volume last 2 years:

Year	Volume
2022	2,825,293,700
2023	1,167,878,465

15 lowest volume days (to 2/1/2024):

Rank	Date	Volume	Closing price
1	8/3/2023	1,318,700	$20.93
2	8/8/2023	1,431,300	$20.74
3	8/10/2023	1,432,400	$20.19
4	8/7/2023	1,441,300	$21.07
5	7/26/2023	1,489,200	$22.70
6	8/11/2023	1,500,200	$20.19
7	5/9/2023	1,522,700	$20.24
8	5/11/2023	1,652,500	$20.88
9	1/30/2024	1,652,600	$14.55
10	7/25/2023	1,672,000	$22.85
11	9/27/2023	1,681,300	$17.15
12	11/8/2023	1,705,600	$13.28
13	7/12/2023	1,742,200	$23.44
14	4/13/2023	1,803,900	$22.55
15	7/3/2023	1,806,600	$24.91