I wonder when people will start seeing this as companies taking an off-ramp from fiat.

I used to think that buying bitcoin and putting it on your balance sheet would be the new stonk buy backs, but now I feel like its just becoming a honeypot for the US government to come after

If companies are doing this to invest their money, will people catch on? Instead of investing in the btc etfs, they can invest in a company they believe in that is already investing in btc.