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GUSD
3.8%
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Launch
CandyDrop
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Alpha Points
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10K+ Skills
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CoinWorld News: In the latest report, Geoffrey Kendrick, head of digital asset research at Standard Chartered, said that recent market concerns about Strategy stem more from communication issues during its transition from “never selling Bitcoin” to using BTC to back credit products, rather than from solvency concerns. Kendrick expects that as the market gradually understands the new capital structure, the price of STRC preferred shares should move back toward $100, thereby reducing the need for Strategy to sell additional Bitcoin. Standard Chartered maintains its $100k target price for Bitcoin by end of 2026 and says the current BTC price of about $64k is a “highly attractive buying opportunity.”