Hong Kong-listed company Ruihe Digital Intelligence sold 38.76 bitcoins, valued at approximately $3.1219 million.

This article conducted an in-depth analysis of 44 globally representative publicly traded companies, and based on their core crypto-related business attributes, distilled five key race tracks.

In the bear market of cryptocurrency, many large companies' Bitcoin holdings are in a state of unrealized losses. They may choose to sell and take profits, hold on for dear life (HODL), or continue to buy and lower their average cost of holding.