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A federal judge in California has dismissed a class-action lawsuit against the Dfinity Foundation, the developer of ICP. U.S. District Court Judge James Donato approved Dfinity's motion to dismiss, ruling that the case was "time-barred" due to exceeding the three-year statute of limitations under securities law. The court supported Dfinity's argument that its first offering of ICP tokens to the public was in February 2017, so an investor lawsuit in August 2021 had exceeded the legal timeframe. At that time, plaintiffs represented by Freedman Normand Friedland LLP (formerly Roche Freedman) did not respond to defendant's arguments. Therefore, Judge Donato wrote that dismissing these claims as "a matter of course" due to litigation timeout.

According to Cointelegraph, Uber and Robinhood early investor Jason Calacanis questioned GameStop's Bitcoin reserve strategy, believing that this approach might just be a gimmick without a viable business model. Jason Calacanis said: "If you are a listed company that can't come up with a business model, then buy Bitcoin. If Strategy co-founder Michael Saylor wants to buy $1 trillion worth of Bitcoin, it might be good advice." However, Saul Rejwan, managing partner of the early cryptocurrency venture capital firm Masterkey believes that the role of bitcoin as corporate reserve assets is no longer marginalized. For companies hoping to hedge against inflation, bitcoin is becoming an option.