TechFlow news, on June 15, David Bailey, CEO of Bitcoin Magazine, posted on social media platform X stating that whenever a company adds bitcoin to its corporate treasury, it renders obsolete a traditional company that does not own bitcoin. Corporate liquidity today is essentially bitcoin liquidity, and companies that do not join will face "death".
Adam Back, co-founder and CEO of Blockstream, responded saying companies adopting bitcoin treasury strategies are eating into the "lunch" of public companies. If you ignore the biggest arbitrage opportunity of the century, capital reallocation will leave you behind—it's truly not a choice.
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