Why BTC Is Dropping: The Role of U.S. Software Companies Selling Bitcoin
The recent drop in Bitcoin’s price is not happening in a vacuum. One important factor that’s often overlooked is selling pressure coming from U.S.-based software and tech companies that hold BTC on their balance sheets. Over the past quarters, many publicly listed software companies adopted Bitcoin as a treasury asset. However, with slowing growth, higher interest rates, and weaker earnings, some of these firms are now facing operational losses or cash flow stress. To cover these losses, reduce risk, or strengthen their balance sheets, companies may be forced to liquidate part of their Bitcoin holdings. Unlike retail selling, corporate sales involve large BTC amounts, which can significantly impact market price—especially during periods of low liquidity. This type of selling is: Not driven by fear of Bitcoin itself Not a loss of long-term conviction Primarily a financial necessity In other words, this is structural selling, not panic selling. Understanding who is selling — and why — matters. When BTC drops due to forced corporate liquidations rather than a breakdown in fundamentals, it often represents temporary pressure, not a long-term bearish signal.