{"id":24515,"date":"2025-06-04T16:40:31","date_gmt":"2025-06-04T13:40:31","guid":{"rendered":"https:\/\/forklog.com\/en\/standard-chartered-assesses-corporate-bitcoin-strategys-impact-on-digital-gold\/"},"modified":"2025-06-04T16:40:31","modified_gmt":"2025-06-04T13:40:31","slug":"standard-chartered-assesses-corporate-bitcoin-strategys-impact-on-digital-gold","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/standard-chartered-assesses-corporate-bitcoin-strategys-impact-on-digital-gold\/","title":{"rendered":"Standard Chartered Assesses Corporate Bitcoin Strategy&#8217;s Impact on Digital Gold"},"content":{"rendered":"<div class=\"wp-block-text-wrappers-keypoints article_keypoints\">\n<ul class=\"wp-block-list\">\n<li>In two months, Strategy increased its holdings of the first cryptocurrency by 74,000 BTC, while &#8220;imitators&#8221; added 47,000 BTC.<\/li>\n<li>Since the end of 2023, bitcoin balances on exchanges have decreased by approximately 1 million BTC.<\/li>\n<li>Over 18 months, the liquid supply of digital gold has decreased by 30%.<\/li>\n<\/ul>\n<\/div>\n<p>The acquisition of the first cryptocurrency as a treasury asset intensifies buyer pressure, but the situation may change over time. This warning was issued by Standard Chartered, reports <a href=\"https:\/\/cointelegraph.com\/news\/61-corporate-bitcoin-strategy-standard-chartered\">Cointelegraph<\/a>.<\/p>\n<p>According to the bank&#8217;s calculations, 61 companies collectively hold 673,897 BTC on their balance sheets\u20143.2% of the total supply. Among them, 58 have a <span data-descr=\"net asset value\" class=\"old_tooltip\">NAV<\/span> above 1. In other words, the market value of their bitcoin position exceeds the book value.<\/p>\n<p>Half of the corporations in this sample have an average purchase price above $90,000, making them vulnerable in the event of a correction. This figure significantly exceeds Strategy&#8217;s ($70,023).<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;At present, this is justified by market inefficiencies, including regulatory barriers to participant access and conservative investment committee processes. However, as these are resolved, the coins could become a source of downward pressure on prices and volatility,&#8221;<\/em> the review states.<\/p>\n<\/blockquote>\n<p>Experts also noted a doubling in the number of bitcoins acquired by these 61 companies over two months\u2014from less than 50,000 BTC to approximately 100,000 BTC.\u00a0<\/p>\n<p>In this regard, the pace of purchases was faster than that of Strategy. The latter added 74,000 BTC, while &#8220;imitators&#8221; added 47,000 BTC, analysts calculated.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/1-1597.webp\" alt=\"1-1597\" class=\"wp-image-259970\"\/><figcaption class=\"wp-element-caption\">Data: Standard Chartered.<\/figcaption><\/figure>\n<p>Previously, Strategy co-founder Michael Saylor assured that the company&#8217;s capital structure is designed to remain stable even if bitcoin falls by 90% and &#8220;stays at that level for four or five years.&#8221;<\/p>\n<p>The entrepreneur expressed confidence that in the future, the corporation&#8217;s capitalization <a href=\"https:\/\/forklog.com\/en\/news\/michael-saylor-predicts-strategys-market-cap-to-reach-10-trillion\">will grow to $10 trillion<\/a>.<\/p>\n<p>According to Bernstein experts, the bitcoin strategy <a href=\"https:\/\/forklog.com\/en\/news\/bernstein-forecasts-corporate-bitcoin-holdings-to-reach-330-billion\">is not applicable<\/a> to every project. The most suitable candidates are companies with low growth rates and high cash volumes.<\/p>\n<p>Analysts suggest that by 2029, organizations will increase the volume of digital gold on their balance sheets to $330 billion, with Strategy remaining the leader in purchases.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Bullish Scenario from Sygnum<\/strong><\/h2>\n<p>According to <a href=\"https:\/\/www.sygnum.com\/research\/monthly-investment-outlook\/sygnum-monthly-investment-outlook-growing-bitcoin-demand-faces-shrinking-liquid-supply\/\">Sygnum<\/a>, the accumulation of coins by institutional investors and corporations has led to a 30% reduction in liquid supply over the past 18 months. This creates conditions for a &#8220;demand shock and price volatility towards growth.&#8221;<\/p>\n<p>According to specialists&#8217; calculations, since the end of 2023, bitcoin balances on exchanges have decreased by approximately 1 million BTC. This trend is accelerating as more funds issue shares or bonds to purchase the first cryptocurrency, further absorbing the available supply, experts emphasized.<\/p>\n<p>A favorable backdrop is created by geopolitical and financial uncertainty, especially in connection with the weakening USD and the growth of US government debt.<\/p>\n<p>Sygnum also mentioned the adoption of laws to create a <span data-descr=\"strategic bitcoin reserve\" class=\"old_tooltip\">SBR<\/span> by three US states, as well as similar signals abroad, particularly in Pakistan and the United Kingdom.<\/p>\n<p>To date, the initiative has been approved in <a href=\"https:\/\/forklog.com\/en\/news\/texas-endorses-creation-of-bitcoin-reserve\">Texas<\/a>, <a href=\"https:\/\/forklog.com\/en\/news\/new-hampshire-pioneers-bitcoin-reserve-legislation-in-the-us\">New Hampshire<\/a>, and <a href=\"https:\/\/forklog.com\/en\/news\/arizona-becomes-second-u-s-state-to-establish-crypto-reserve-law\">Arizona<\/a>. In <a href=\"https:\/\/forklog.com\/en\/news\/oklahoma-senate-rejects-bitcoin-reserve-proposal\">Oklahoma<\/a>, Montana, Pennsylvania, North and South Dakota, and Wyoming, attempts to create an SBR <a href=\"https:\/\/forklog.com\/en\/news\/montana-house-rejects-bitcoin-reserve-bill-2\">failed<\/a>.<\/p>\n<p>Although coin purchases for a strategic bitcoin reserve have not occurred at the federal level, experts believe their initiation will become a major growth catalyst, including &#8220;due to the signaling effect.&#8221;<\/p>\n<p>Interest in the first cryptocurrency is also fueled by instability in <span data-descr=\"traditional finance\" class=\"old_tooltip\">TradFi<\/span>\u2014in May, a wave of sales swept through the US debt market, which increased interest in gold and its digital counterpart.<\/p>\n<p>Specialists also noted an improvement in bitcoin&#8217;s volatility profile. Over the past three years, the indicator for upward movement has exceeded its downward counterpart, which is a sign of the asset&#8217;s maturity and growing institutional investor participation, they explained.<\/p>\n<p>By 2045, companies with bitcoin reserves <a href=\"https:\/\/forklog.com\/en\/news\/forecast-corporations-to-hold-half-of-all-bitcoins-in-20-years\">will hold<\/a> 50% of the total volume of the first cryptocurrency at 21 million coins, according to Jess Myers of Moon Inc.<\/p>\n<p>Earlier, Bernstein predicted an increase in the valuation of digital gold on corporate balance sheets <a href=\"https:\/\/forklog.com\/en\/news\/bernstein-forecasts-corporate-bitcoin-holdings-to-reach-330-billion\">to $330 billion<\/a> by 2029.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In two months, Strategy increased its holdings of the first cryptocurrency by 74,000 BTC, while &#8220;imitators&#8221; added 47,000 BTC. Since the end of 2023, bitcoin balances on exchanges have decreased by approximately 1 million BTC. Over 18 months, the liquid supply of digital gold has decreased by 30%. The acquisition of the first cryptocurrency as [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":24514,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1538,1641,1150,1138,1347,1316],"class_list":["post-24515","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-purchase","tag-bitcoin-reserves","tag-news-plus","tag-opinions","tag-standard-chartered-plc","tag-sygnum"],"aioseo_notices":[],"amp_enabled":true,"views":"135","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/24515","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=24515"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/24515\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/24514"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=24515"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=24515"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=24515"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}