Standard Chartered Keeps $100,000 Bitcoin Target, Calls Strategy Selloff a 'Communication Challenge'

Article summary

Standard Chartered has reaffirmed its $100,000 year-end 2026 target for Bitcoin, arguing that recent weakness tied to Strategy reflects a communication challenge, not a deterioration in its financial position. Investors are adjusting to Strategy's transition from a "never sell Bitcoin" model to using BTC as collateral for its preferred stock business.