So you're saying Coinbase, Bitpay etc or likewise have bought bitcoin purely for speculation (not as necessary liquidity as part of the product they're offering

So you're saying Coinbase, Bitpay etc or likewise have bought bitcoin purely for speculation (not as necessary liquidity as part of the product they're offering) with VC money and directed by VC orders to act as an investment vehicle for bitcoin, while using the tens of engineers etc and products as a front? While simultaneously lying to the VC funds' investors who have set restrictions that they're actively circumventing?