Standard Chartered Maintains $100K Bitcoin Target for End-2026, 843,775 BTC Holdings Unchanged Amid Strategy Shift

According to Standard Chartered, the bank maintains its forecast for Bitcoin to reach $100,000 by end-2026, stating that the recent market decline was driven by MicroStrategy's strategic policy shift rather than deterioration of the company's assets. Geoffrey Kendrick, global head of digital assets research at Standard Chartered, noted that MicroStrategy's policy adjustment allowing Bitcoin sales does not necessarily mean the company will continuously sell. He emphasized that market confidence in the new capital structure arrangement supporting MicroStrategy's STRC (a $10 billion perpetual preferred stock with 12% annual dividend) could prevent actual Bitcoin liquidation. MicroStrategy currently holds 843,775 Bitcoin, representing over 4% of Bitcoin's 21 million total supply.
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