Blog

Companies without business models ‘buy bitcoin’ – Angel investor Jason Calacanis


Famous investor Angel Jason Calacanis enjoyed Gamestop’s decision to invest in Bitcoin.

In a post of March 26 x, Calacanis suggested that the purchase of Bitcoin (Btc) is a solution suitable for public companies with no suitable business model:

“If you are a public company that may not know a business model, buy Bitcoin! It can really be great advice if (Co-founder Michael Saylor’s approach will buy $ 1T in Bitcoin.”

However, Tomas Fanta, principal at the Crypto investment firm, told Cointelegraph that there were hidden long-term benefits to Handling bitcoin on a sheet of corporate balance. Among those he listed was the long -term appreciation of the price and theoretical lower relationships in equity markets over time.

“I disagree with the view, however, that non-compliance companies should use Bitcoin as an approach to the last canal,” Fanta said.

Related: Gamestop’s clues in the future Bitcoin purchase following the board approved

Source: Jason

Is Gamestop adoption part of a trend?

Fanta said that while “a case is not enough to measure a wider trend,” something appears to be like a trend:

“We can actually witness one of the first experiments with a cryporate treasury diversity of crypto treasury outside of tech or crypto companies such as Tesla or Coinbase.”

Saul Rejwan, in charge of the Crypto partner early stage of venture capital firm Masterkey, shouted emotionally. According to him, companies are increasingly trying to secure themselves against long-term financial changes.

“Bitcoin’s role as a corporate reserve asset is no longer fringe; becomes a legitimate play for companies who want to align themselves into a digital-native, future financial financial,” he said. “While not all companies will be followed by the suit, the gamestop move will join a growing chorus,” Rejwan added.

Related: Buying Gamestop is’ Bake Transit ‘Bake’ by Transit: Swan Exec

Bitcoin’s adoption fits in order to change

Rejwan also noted that historic successful companies often weakened when they resist the change – mentioning Nokia as an example – and said that the adoption of Bitcoin could be viewed as a strategic adaptation:

“When done clearly and with proper risk management, Bitcoin can bring long-term resilience to corporate balance sheets-especially for brands with low-time preferences and strong alignment with digital-native values.”

This idea was also repeated by Georgii Verbitskii, founder of Crypto Investment App Tymio, who said Gamestop could “be an example that the market is waiting for.” He added:

“Adding Bitcoin to a sheet of corporate balance is not only speculative-it has real, long-term reversed if it is well-approved.”

Magazine: SEC U-Turn to Crypto leaves key questions that are not answered