<ul><li>Angel investor Jason Calacanis poked fun at GameStop’s decision to invest in Bitcoin.</li><li>Calacanis suggested that buying Bitcoin was a solution for public companies without a suitable business model.</li><li>However, some experts argue that holding Bitcoin on a corporate balance sheet can have long-term benefits such as price appreciation and lower correlation to equity markets over time.</li><li>There appears to be a growing trend of companies diversifying their treasury holdings into crypto, including non-tech or crypto-aligned companies like GameStop.</li></ul>

Firms without business models ‘buy Bitcoin’ — Angel investor Jason Calacanis

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