Yes, its a structural btc pump.

The other part that doesn't get talked about enough is that the prevailing P/E of most mature companies is hovering around 25-35x. This range is enforced by algos, you basically have a bunch of algos that automatically use 30x as a 'floor' for P/E levels

This means if you can grow revenues by 30 of stock value appreciation automatically. So you dilute that and use that to buy more bitcoin.

For any company with revenue, this is basically a cheat code to infinitely inflate stock price.