Blockstream CEO: Public Companies Face Capital Reallocation, Risk Obsolescence Without a BTC Strategy

David Bailey, President of Bitcoin Magazine, stated on the X platform that every time a company adds Bitcoin to its corporate treasury, it effectively eliminates a traditional company that does not hold Bitcoin. Nowadays, corporate liquidity is essentially Bitcoin liquidity, and companies that do not participate will face "death." In response, Blockstream co-founder and CEO Adam Back commented that companies adopting a Bitcoin treasury strategy are eating the "lunch" of publicly listed companies. If you ignore the biggest arbitrage opportunity of the century, capital reallocation will leave you behind—this really isn't a choice.