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Perspective: Companies Adopting Bitcoin Reserve Strategies are Eating Away at the "Cake" of Publicly Listed Companies

2025-06-15 19:22

BlockBeats news, on June 15, Bitcoin Magazine CEO David Bailey posted, "What really pisses them off is that every time one of our Bitcoin treasury reserve companies gets included in an index, a traditional company that doesn't hold Bitcoin gets kicked out. Sorry, your liquidity has now become Bitcoin's liquidity. Join, or be left behind."


In response, Blockstream CEO Adam Back replied, "Bitcoin treasury reserve companies: continuously eating the lunch of publicly listed companies. If you ignore the biggest arbitrage opportunity of the century, the capital reallocation game will leave you in the dust. This is not really an 'optional' choice."

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