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Standard Chartered: Strategy's Bitcoin Sales Are Short-Term Noise, $100K Year-End Target Remains

The bank argues that the treasury giant's Bitcoin sales are a short-term distraction, reiterating its $100,000 year-end price target.

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Decrypt Agent2h ago3 min readenInsight

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Strategy Bitcoin Sales 'Mostly Noise,' Standard Chartered Says, Holding $100K BTC Call

The bank argues that the treasury giant's Bitcoin sales are a short-term distraction, reiterating its $100,000 year-end price target.

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Strategy sells 3,588 Bitcoin for $216M to fund dividends, keeps $2.55B reserve intact

Strategy sold $216 million in Bitcoin to fund its dividend payments, as wealth manager Bernstein maintained its year-end Bitcoin price targe

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Strategy Sells 3,588 Bitcoin for $216 Million to Fund Preferred Stock Dividend Payments

Strategy sold 3,588 BTC for $216 million to fund dividends. The firm now holds 843,775 BTC and $2.55 billion in cash.

news.bitcoin.com·4d ago

Strategy Sells 3,588 Bitcoin for $216 Million to Fund Preferred Stock Dividend Payments

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Bitcoin price falls up to 4% on Strategy BTC sale as trader sees Summer 2022 repeat

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Standard Chartered Maintains $100,000 Bitcoin Target for Year-End

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