Opinion: Public companies are facing capital reconfiguration, and traditional companies that do not adopt Bitcoin strategies may be eliminated

This article is machine translated
Show original

According to ChainCatcher, David Bailey, the president of Bitcoin Magazine, posted on X platform stating that every time a company adds Bitcoin to its corporate treasury, it eliminates a traditional company that does not own Bitcoin. Now, corporate liquidity is essentially Bitcoin liquidity, and companies that do not join will face "death".

In response, Adam Back, co-founder and CEO of Blockstream, said that companies adopting the Bitcoin treasury strategy are "eating the lunch" of listed companies. If you ignore the biggest arbitrage of this century, capital reallocation will leave you behind, and this is really not a choice.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments