Bitcoin falls back to $125,000, why are listed companies still increasing their holdings?

【Crypto World】Bitcoin has started to retreat from the high of $125,000, and the market was once worried that it would trigger a chain reaction. However, data shows that publicly traded companies holding Bitcoin have not collectively sold off. In fact, their total Bitcoin holdings are still gradually increasing.

Here is an interesting phenomenon: the stock prices of some companies have fallen below the net value of their Bitcoin assets. Logically, this should lead to a large-scale forced liquidation. But so far, the intense sell-off that market concerns predicted has not actually occurred.

This may indicate a few points: first, institutional confidence in Bitcoin’s long-term value remains unshaken; second, publicly traded companies may have their own financial arrangements and do not necessarily need to sell at lows; third, although this round of adjustment seems significant, it has not yet triggered a sufficient liquidity crisis.