The Paul and Nancy Pelosi Roblox investment has turned into the internet’s trending and gaming relevant story recently.
It’s not so strange when politicians get involved in video games as it’s a medium with a lot of influence over every layer of society. However, this time around, the politicians’ involvement in video games is a little bit business-related.
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How Much Has Pelosi Invested in Roblox Shares?
Recently, according to a form filed by Nancy Pelosi on April 9, her husband has acquired 10,000 Roblox shares on the day that the game’s developers officially launched its shares on the New York Stock Exchange market.
With a small calculation, we can safely assume that Paul Pelosi has paid something between $500,000 to $1 million for those shares on the first day of RBLX trade in the stock market.
The Paul and Nancy Pelosi Roblox investment is somehow interesting for the game’s community as it shows that politicians apparently keep an eye out for the gaming market as well. It also provides more reliability on the Roblox shares in the stock market, though we strongly suggest you do your own research before investing in anything.
As the official form reveals, Paul Pelosi has also invested $3.35 million in Microsoft stock bank in March this year. The House Speaker’s husband now owns 25,000 Microsoft shares, purchased through call options that allow investors to buy the shares at a pre-agreed price.
What is Roblox?
In case you don’t know, Roblox is a free-to-play platform that allows its users to create various games and play fan-made titles. Much like PlayStation’s Dreams that was launched earlier in 2020.
Roblox is available on Xbox One, Xbox Series X, Xbox Series S, PC, Android, and iOS. The Roblox shares were officially entered the stock market last month.
The post Paul and Nancy Pelosi Have Purchased 10,000 Roblox Shares by Mehrdad Khayyat appeared first on DualShockers.