Except they will likely have to sell it back, and some already have to buyback stocks and payoff debt. This can actually cause more downward price pressure. It takes a company say 2 years to buy 5,000 Bitcoin. Positive price pressure for 2 years, but barely noticed in markets. Then boom, suddenly their stock tanks, no positive cash flow, no more equity investors, done. Must sell the Bitcoin,mostly all at once or at least rapidly to cover. Much larger downward price pressure than ever hallened upwards. It's stupid to just buy Bitcoin and keep it on your balance sheet with no cash flow. It's worse for people to invest in this crap.

1. If they become forced sellers because they're not true hodlers but just grifters trying to get a management fee while the going is good. It's fiat behaviour that gets associated with Bitcoin. 2. All these companies are probably storing their Bitcoin with the same custodian, and they're all much more vulnerable to regulatory risk than an individual. This is added centralisation risk. You can't stop it, but these are fair criticisms. Danny wasn't pushing back on businesses using Bitcoin as a tool - i.e. better cash vehicle while they create value in their chosen markets. He was pushing back against companies doing this as their only activity. Saylor was being a dick - he's smart enought to know the nuanced difference.