According to @KookCapitalLLC, strategic trades were made involving the Nintendo Switch 2, including buying GameStop ($GME) and Nintendo ADRs ($NTDOY), while selling $GME puts. The decisions were influenced by the positive reception of the recent Nintendo Direct presentation, highlighting the potential success of the new Mario Kart game.

According to Trevor.btc, the Nintendo Direct event for the Switch 2 launch indicates a trend towards Web3 integration in gaming IPs, suggesting a significant shift in the gaming industry could occur over the next five years. This points towards potential trading opportunities in Web3 and blockchain gaming assets, as the market anticipates broader adoption by major gaming companies. [Source: Trevor.btc on Twitter]