Redditor Uses Gamestop Investment Winnings to Take Care of Gorillas

According to BBC News, amateur investors on the subreddit WallStreetBets often refer to themselves as apes and use the term "Apes Together Powerful." Any users of the subreddit have begun to take this saying literally. According to The Guardian, Redditors have raised $350,000 for the Dian Fossey Gorilla Fund by fostering over 3,500 gorillas in just a few days.

More Good Deeds

The Redditors have also adopted other animals and contributed to other organizations. The WallStreetBets group donated $4,500 to the Ape Cognition and Conservation Initiative, which studies endangered bonobos.

According to The Guardian, Redditors have gone past primates to adopt endangered species such as tigers, pangolins, and sea turtles. Over the weekend, donations to the Sheldrick Wildlife Foundation, which operates a sanctuary for orphaned elephants in Kenya, rose by $10,000.

The trust's Amie Alden told The Guardian, "It's a new supporter base for us, for sure, and one that we're immensely grateful for." "We already have over 90 orphaned or dependent elephants in our care, and it's a pricey endeavor."

WallStreetBets

According to Business Insider, the WallStreetBets network first gained notoriety in January. They found hedge funds betting against GameStop and AMC stocks and banded together to buy many stocks to raise their values. As a result, GameStop's stock price soared from less than $5 per share at the end of December to more than $450 by Jan. 28, prompting some hedge funds to cut their losses. According to The Guardian, some Redditors cited the saga by contributing to animal shelters in the name of GameStop or "Jim Cramer's Tears."

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