The Block reported that Standard Chartered (SC) maintained its year-end BTC price forecast at $100,000. SC stated, "The market weakness caused by Strategy (MSTR)'s BTC sale is not due to financial health issues, but rather a lack of communication with the market regarding a change in strategy. Strategy has shifted from its previous stance of 'never selling BTC' to a policy where BTC can be sold if necessary, for purposes such as securing funds for preferred stock (STRC) dividends and expanding reserves. If the STRC price approaches its par value, the need to actually sell BTC will also decrease. This issue is merely temporary noise, not a signal that damages the mid-to-long-term trend. Furthermore, the current BTC price level of $64,000 is a 'strong buying zone'."
