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Viewpoint: Companies adopting Bitcoin reserve strategies are gradually eating into the "cake" of publicly listed companies.
BlockBeats news, on June 15, Bitcoin Magazine CEO David Bailey posted, “What really annoys them is that whenever one of our Bitcoin treasury reserve companies is added to an index, a traditional company that does not hold Bitcoin is kicked out. Sorry, your liquidity has now turned into Bitcoin liquidity. Join or be eliminated.” In response, Blockstream CEO Adam Back posted, “Bitcoin treasury reserve companies: constantly eating into the cake of listed companies. If you ignore this century’s biggest arbitrage opportunity, the reallocation of capital will ultimately leave you behind. This is not actually an ‘option.’”