That should be the plan, even big companies who are purchasing bitcoin, people should not view it as if they will hold longer as we did. it's a company, they are in a business and as much as possible they would not take a high-risk asset in their account, so instead of holding it for the long term, they can just sell it for easy profit then buy at dip when they see an opportunity, it's very simple for them as they can affect the market due to their influence being a whale.
People keep forgetting these companies are not run by one or two people anymore but a whole board of directors,,, each with their own advisors.
These days you have to see and table proposals,,, then take it to vote,,, and then fight with those who disagree. And then you have to get legal advice on whether what you do is called manipulation.
This did not happen.
exactly, the whole companies not run by only people, if they goes in public that means many people also own the company, some people think a company runs by a single individual but that's not true in most of the case
a company can't run smoothly with just one person being the boss, it requires many exec to make decision, if it's small company maybe elon could be the one king who command whatever inside the company and how it runs, therefore
selling bitcoin didn't seem to be the case.