These companies should be aware that it will be a waste of resources to sell Bitcoin during the bear market.
Retail investors are the ones that are most likely selling during bear market, the institutions like this will not sell because they do not want to make people panic and sell.
It seems companies are now gearing up for Bitcoin stockpiles. Are they preparing for something or they are just interested on the potential of making good profits in Bitcoin?
Something bigger like what? They only talk about their interest in buying bitcoin.
This will not be the last company to buy bitcoin I am sure.
This is even just the beginning because more companies will start buying bitcoin later.