[Grayscale: Quantum Computing Is Not the Main Cause of Bitcoin's Recent Price Decline in the Short Term] According to a report by Jinse Finance, on May 5, Grayscale published an article stating that while advanced quantum computing poses a long-term potential threat to traditional cryptography and supports all mainstream blockchains accelerating their quantum-resistant upgrades, it is not the primary driver of Bitcoin's recent price decline. Grayscale observed that over the past few months, Bitcoin's price has shown a synchronized trend with the stock prices of publicly listed companies focused on quantum computing. If breakthroughs in quantum computing were exerting substantial pressure on Bitcoin, the stock prices of quantum computing companies should have risen, but the opposite has occurred. Furthermore, since last October, the decline in both Bitcoin and quantum computing stocks has primarily reflected the overall de-risking of growth assets triggered by market concerns over the impact of AI. Although the correlation between Bitcoin and investor sentiment toward frontier technology assets like quantum computing has strengthened recently, this does not alter Bitcoin's function as a store of value in a diversified investment portfolio. Investors do not need to wait for blockchains to fully complete quantum-resistant upgrades to gain exposure to related opportunities.