Why is GameStop’s stock suddenly up by 13%?

GME shares jumped ~13% after reports that GameStop (market cap ≈ $11B) may pursue an acquisition of eBay (market cap ≈ $45B), an unusually large target gap and no deal confirmation or timeline reported. Rally is driven by speculative takeover chatter; transaction faces major valuation, execution and regulatory risks and is likely to have limited direct impact on crypto/DeFi markets, though investor sentiment could spill over to CEXs or tokenized-equity interest.