David Bailey, president of Bitcoin Magazine, wrote on the X platform that every time a company adds bitcoin to the corporate treasury, it will eliminate a traditional company that does not own bitcoin. Today, the liquidity of enterprises is actually the liquidity of bitcoin. If you do not join the enterprise, you will face "death". In response, Adam Back, CEO of Blocksteam, responded that companies that adopt bitcoin treasury strategies are eating the "lunch" of public companies. If you ignore the biggest arbitrage of the century, capital reallocation will leave you behind. This is really not an option.