Dog lovers, grab a box of tissues, you’re going to need it while you read this story.
A Dallas, Texas man was able to use his investment in GameStop stocks to save a life.
Thanks to his gains, Patrick Delgado, 33, was able to afford the life-saving surgery for his furry best friend, a 2-year-old American bulldog named after Bitcoin founder, Satoshi Nakamoto, whom he affectionately calls Toshi.
Delgado noticed that Toshi wasn’t using one of his back legs properly, so he immediately took him to the vet and he learned some bad news: Toshi had blown out his knee.
While this condition is common in bulldog breeds, without surgical intervention, the only remaining option is euthanization. The life-saving knee surgery was going to cost an astronomical price, a minimum of $4,000.
“I couldn’t sleep that entire night and I kept trying to think of what I could do to raise the money… I was going to start a GoFundMe or something, but I’ve never been the kind of person to ask for charity.”
Previously, Delgado had experimented with cryptocurrency and stocks. After reading the r/WallStreetBets forum on Reddit and deciding that he had nothing left to lose, he scraped together all of his savings and invested in Gamestop and AMC stocks.
Then, the unthinkable happened. The very next day, Delgado was able to sell at $400/share. He had purchased GME stock at the value of $97/share. His investment paid off in a big way, and he secured the extra $3,000 he needed for Toshi’s surgery.
Delgado took to Reddit the next day, thanking the r/WallStreetBets forum contributors.
He was surprised by the overwhelming support that he received from the forum, expecting to be heckled by users who have been encouraged to hold their shares, and not sell.
The post gained more than 1,200 encouraging responses, and people even offered to pay the capital gains taxes the dog owner will owe. Delgado shared that the experience has restored his faith in humanity.
“Even if you’re playing a rigged game, at least there’s a lot of people out there that are willing to help those who are less fortunate.”