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Fed's Bostic: Fighting inflation still a long way to go, core prices "still an issue"

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2025-06-03 14:09:41
According to CoinDesk, Geoff Kendrick, head of digital asset research at Standard Chartered, warned that the current 61 listed companies hold a total of 673,800 bitcoins (3.2% of the total supply), and if the bitcoin price falls below the average purchase price of 22%, companies may be forced to sell.
The report pointed out that Strategy (MSTR) holds 580,000 of them, accounting for the vast majority. Following the precedent of Bitcoin mining company Core Scientific being forced to sell 7,202 bitcoins in 2022 when the price was 22% below the cost price, if Bitcoin falls back below $90,000, half of the corporate holdings will face the risk of loss. Although the current wave of bitcoin corporate holdings has pushed up the buying pressure, it has also planted potential selling hazards.
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