比特币下跌到90 000美元以下,给大量投资的公司造成了财政压力,导致资产销售和还债。 Bitcoin's drop below $90,000 caused financial stress for companies that invested heavily, leading to asset sales and debt repayments.

2025年,比特币价格急剧下降,从高峰超过126 000美元降至低于90 000美元,这给大量投资的公司造成了财政压力,包括战略公司和Sequans公司,它们利用可兑换债券为购买提供资金。 In 2025, a steep drop in bitcoin prices from a peak above $126,000 to under $90,000 triggered financial strain for companies that had invested heavily, including Strategy and Sequans, which used convertible bonds to fund purchases. 由于Bitcoin的衰退削弱了信心,公司面临以现金偿还债务的压力,从而威胁到流动性。 As Bitcoin’s decline eroded confidence, firms faced pressure to repay debt in cash, threatening liquidity. 战略股价下跌了50%以上,导致14.4亿美元的股价销售,而Sequans则出售970比特币以减债。 Strategy’s share price fell more than 50%, prompting a $1.44 billion share sale, while Sequans sold 970 bitcoins to reduce debt. 专家警告大规模出售可能降低价格,形成反馈循环,尽管更广泛的市场蔓延仍然有限。 Experts warn large-scale sell-offs could drive prices lower, creating a feedback loop, though broader market contagion remains limited. 长期成功取决于从持有中赚取收入,而不只是价格收益。 Long-term success depends on generating income from holdings, not just price gains. 有些人认为经济下滑是一个以较低价格购买比特币的机会,而像比特币协会这样的新倡议旨在支持公司加密战略。 Some view the downturn as an opportunity to buy Bitcoin at lower prices, and new initiatives like The Bitcoin Society aim to support corporate crypto strategies.