On June 15, Bitcoin Magazine CEO David Bailey wrote, "What truly infuriates them is that every time one of our Bitcoin vault reserve companies is included in an index, a traditional company that does not hold Bitcoin gets kicked out. Sorry, your liquidity has now become Bitcoin's liquidity. Join, or be eliminated."
In response, Blockstream CEO Adam Back replied, "Bitcoin vault reserve companies: continuously eating away at the cake of listed companies. If you ignore this century's biggest arbitrage opportunity, capital reallocation will ultimately leave you behind. This is not actually an 'optional' choice."
