Uber's early investor questions GameStop's Bitcoin reserve strategy: Only companies without a business model will buy BTC

Odaily News Jason Calacanis, an early investor in Uber and Robinhood, questioned GameStop's Bitcoin reserve strategy, believing that this approach may just be a gimmick and has no viable business model. Jason Calacanis said: "If you are a public company that can't come up with a business model, then buy Bitcoin. If Strategy co-founder Michael Saylor wants to buy $1 trillion worth of Bitcoin, it may be a good suggestion."
However, Saul Rejwan, managing partner of Masterkey, an early-stage cryptocurrency venture capital firm, believes that Bitcoin’s role as a corporate reserve asset is no longer marginalized, and Bitcoin is becoming an option for companies that want to resist inflation. (Cointelegraph)