Uber's early investors question GameStop's Bitcoin reserve strategy: Only companies without a business model would buy BTC

ChainCatcher news, Uber and Robinhood early investor Jason Calacanis questions GameStop's Bitcoin reserve strategy, suggesting that this approach may just be a gimmick without a viable business model.

Jason Calacanis stated, "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, that might be a good suggestion."

However, Saul Rejwan, managing partner of early cryptocurrency venture firm Masterkey, believes that the role of Bitcoin as a corporate reserve asset is no longer marginalized, and for companies looking to hedge against inflation, Bitcoin is becoming an option.