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Lol They make is sound like they are doing everyone a favor, yet they just are holding bitcoin so that they can make a profit. They arent a treasury in any way. "Holdings are subject to market conditions."

"Holdings are subject to market conditions." You're definitely right. The adoption must be at individual levels.
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Just seems suspicious. Kudos for them for investing in BTC, but they are doing it only to preserve their fiat value. If the value tanks a bit, shit will hit the fan.

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All corporates are hoarding bitcoin just for maintaining their fiat value. It's sad but true.

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Yes. But because they are hoarding, it is stabilizing the price.

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