A recent discussion between industry experts highlighted the evolving role of Bitcoin in corporate treasury strategies, focusing on its impact beyond short-term price movements. The conversation emphasized Bitcoin's growing influence in institutions, credit markets, and bank adoption, suggesting that its true progress is reflected in these areas rather than immediate market fluctuations. The debate also addressed criticisms of companies incorporating Bitcoin into their treasuries, arguing that such critiques overlook the broader strategic benefits, including optionality and operating leverage. The discussion underscored Bitcoin's potential as digital capital supporting digital credit, with a focus on credit markets driving power dynamics rather than price alone. The conversation concluded with insights into the importance of strategic focus and endurance over prevailing narratives in the crypto space.