{"id":125858,"date":"2025-03-26T14:22:50","date_gmt":"2025-03-26T14:22:50","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=125858"},"modified":"2025-03-26T14:22:50","modified_gmt":"2025-03-26T14:22:50","slug":"firms-without-business-models-buy-bitcoin-angel-investor-jason-calacanis","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=125858","title":{"rendered":"Firms without business models \u2018buy Bitcoin\u2019 \u2014 Angel investor Jason Calacanis"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsProminent US-based angel investor Jason Calacanis poked fun at GameStop\u2019s decision to invest in Bitcoin.<br \/>\nIn a March 26 X post, Calacanis suggested that buying Bitcoin (BTC) was a solution well-suited for public companies that do not have a suitable business model:<br \/>\n\u201cIf you\u2019re a public company that can\u2019t figure out a business model, buy Bitcoin! This might actually be great advice if [Strategy co-founder Michael Saylor] is gonna buy $1T in Bitcoin.\u201d<br \/>\nStill, Tomas Fanta, principal at crypto investment firm Heartcore, told Cointelegraph that there are tangible long-term benefits to holding Bitcoin on a corporate balance sheet. Among those he listed were long-term price appreciation and theoretically lower correlation to equity markets over time.<br \/>\n\u201cI do disagree with the view, though, that failing companies should be using Bitcoin as the last-ditch strategy,\u201d Fanta said.<br \/>\nRelated: GameStop hints at future Bitcoin purchases following board approval<br \/>\nSource: JasonIs GameStop\u2019s adoption part of a trend?<br \/>\nFanta said that while \u201cone case is not enough to gauge a broader trend,\u201d there does appear to be such a trend:<br \/>\n\u201cWe may actually be witnessing one of the first experiments with corporate treasury diversification into crypto outside of tech or crypto-aligned companies such as Tesla or Coinbase.\u201d<br \/>\nSaul Rejwan, managing partner at crypto early-stage venture capital firm Masterkey, echoed the sentiment. According to him, companies are increasingly trying to secure themselves against long-term monetary shifts.<br \/>\n\u201cBitcoin\u2019s role as a corporate reserve asset is no longer fringe; it\u2019s becoming a legitimate play for companies that want to align themselves with a digitally-native, inflation-resistant financial future,\u201d he said. \u201cWhile not every company will follow suit, GameStop\u2019s move joins a growing chorus,\u201d Rejwan added.<br \/>\nRelated: GameStop buying Bitcoin would \u2018bake the noodles\u2019 of TradFi: Swan exec<br \/>\nAdopting Bitcoin is adapting to change<br \/>\nRejwan also noted that historically successful companies often falter when they resist change \u2014 citing Nokia as an example \u2014 and said adopting Bitcoin could be viewed as a strategic adaptation:<br \/>\n\u201cWhen done transparently and with proper risk management, Bitcoin can bring long-term resilience to corporate balance sheets \u2014 especially for brands with low time preference and strong alignment with digital-native values.\u201d<br \/>\nThis idea was also repeated by Georgii Verbitskii, founder of crypto investment app TYMIO, who said that GameStop \u201ccould well become the example the market is waiting for.\u201d He added:<br \/>\n\u201cAdding Bitcoin to a corporate balance sheet isn\u2019t just speculative \u2014 it has real, long-term upside if executed properly.\u201d<br \/>\nMagazine: SEC\u2019s U-turn on crypto leaves key questions unanswered<a href=\"https:\/\/cointelegraph.com\/news\/firms-without-a-business-model-buy-bitcoin-angel-investor-jason-calacanis?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsProminent US-based angel investor Jason Calacanis poked fun at GameStop\u2019s decision to invest in Bitcoin. In a March 26 X post, Calacanis suggested that buying Bitcoin (BTC) was&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125858"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=125858"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125858\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=125858"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=125858"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=125858"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}