Standard Chartered Bank: 61 Listed Companies Hold 673,800 Bitcoins, If Price Falls Below Average Holding Price by 22% or Triggers Corporate Sell-off Risk

Blockbeats
06-03

BlockBeats News, June 3rd, according to a CoinDesk report, Geoff Kendrick, Head of Digital Asset Research at Standard Chartered Bank, stated that currently, 61 publicly listed companies collectively hold 673,800 bitcoins (3.2% of the total supply). If the Bitcoin price falls below the average purchase price by 22%, it may trigger forced selling by corporations.

The report pointed out that MicroStrategy (MSTR) holds the majority with 580,000 bitcoins. Referring to the precedent in 2022 when the Bitcoin mining firm Core Scientific was forced to sell 7,202 bitcoins at a loss when the price fell below 22% of the cost basis, if Bitcoin falls below $90,000, half of the corporate holdings will face the risk of loss. While the current wave of corporate Bitcoin holdings has boosted buying pressure, it has also laid the groundwork for potential selling pressure.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10