Standard Chartered maintains $100K Bitcoin target for 2026

Standard Chartered reaffirms its $100,000 Bitcoin target for 2026, attributing recent volatility to misunderstandings over Strategy's shift to selling Bitcoin for dividends.

Standard Chartered maintains its bullish forecast that Bitcoin will reach $100,000 by the end of 2026, despite recent market volatility tied to Strategy's (formerly MicroStrategy) change in approach. The bank attributes the recent Bitcoin price decline to market misunderstandings over Strategy's shift from a "never sell" policy to selling Bitcoin to fund dividends on its preferred stock, STRC, and to support a new capital-operations model. Standard Chartered emphasizes that these sales are "mostly noise" and do not signal a fundamental change in Bitcoin's outlook. The bank highlights that Strategy's evolving treasury strategy, including the Digital Credit Capital Framework, aims to stabilize dividends and reduce forced selling. While some analysts remain cautious about further Bitcoin sales if prices drop, Standard Chartered argues that the company's Bitcoin holdings remain heavily overcollateralized. The bank believes confidence in Strategy's monetization and reserve framework could restore market stability. Despite past ambitious price targets not materializing, Standard Chartered continues to reaffirm its $100,000 Bitcoin target, urging investors to look beyond short-term disruptions.