Angel investor Jason Calacanis criticized GameStop's decision to invest in Bitcoin, suggesting it reflects a trend among companies lacking viable business models. In a recent X post, he jested that companies unable to devise a solid business model might find solace in Bitcoin. While some analysts agree with Calacanis, others like Fanta stated that Bitcoin may serve as a corporate treasury diversification experiment, especially for companies outside traditional tech and crypto sectors. Saul Rejwan, from the venture capital firm Masterkey, noted the growing legitimacy of Bitcoin as a reserve asset in response to monetary shifts. He emphasized that adopting Bitcoin could enhance corporate resilience, assuming it is executed transparently and with proper risk management. This sentiment was echoed by Georgii Verbitskii, who suggested that successful incorporation of Bitcoin on corporate balance sheets could lead to significant long-term benefits. Overall, the discussion highlights a shift in corporate attitudes towards digital assets amidst economic uncertainties.

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