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Standard Chartered expects Strategy to buy up to 3,200 BTC, signaling strong institutional demand for Bitcoin.

Market News
07 Jun 2026
Bitcoin
View Source
Bullish
pluang ai news

Standard Chartered predicts that Strategy could announce a significant bitcoin purchase of either 320 BTC or as much as 3,200 BTC following its recent sale of 32 BTC. This potential large-scale accumulation may shift market focus back to strong institutional demand for Bitcoin. The bank also forecasts bitcoin prices rising to $100,000 by the end of 2026 and $500,000 by 2030, indicating confidence in long-term growth despite recent volatility. Strategy's next move is seen as crucial for the market's near-term direction, with ETF holdings and reduced leverage supporting a potential price rebound.

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