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.
It depends on the financial standings of the companies. There is practically near to 0% risk that Strategy will be faced with a "sell-or-bust" position, where they have no other way around things but to sell the Bitcoin to meet obligations, because their financials are top notch and now they have fixed income products like STRK, STRF and STRD that will keep a cashflow coming. This is very different from these companies jumping on the Bitcoin Treasury bandwagon without proper research, that think it's as easy as just buy the dip, so I think companies like Strategy will rise as the solid treasury companies. Metaplanet is also well run, but the rest you should really research the technical aspect before getting a relevant position.