Blockstream CEO: Companies adopting Bitcoin strategy are eating away at the 'lunch' of listed companies

Bitcoin Magazine President David Bailey stated in an article on X platform that whenever a company adds Bitcoin to its corporate treasury, it eliminates a traditional company that does not own Bitcoin. Nowadays, the liquidity of a company is actually the liquidity of Bitcoin, and if it does not join the company, it will face "death". Blocksteam co-founder and CEO Adam Back responded that companies adopting Bitcoin treasury strategies are eating away at the "lunch" of listed companies, and if you ignore the biggest arbitrage of this century, capital reallocation will leave you behind, which is really not an option.