PANews reported on March 27 that according to Cointelegraph, Jason Calacanis, an early investor in Uber and Robinhood, questioned GameStop's Bitcoin reserve strategy, believing it might be just a gimmick without a viable business model. Jason Calacanis stated: "If you are a publicly listed company that cannot come up with a business model, then buy Bitcoin. If Strategy co-founder Michael Saylor wants to purchase Bitcoin worth $1 trillion, it might be a good suggestion."

However, Saul Rejwan, managing partner of early-stage crypto venture capital firm Masterkey, believes that Bitcoin's role as a corporate reserve asset is no longer marginalized, and for companies seeking to hedge against inflation, Bitcoin is becoming an option.