PANews reported on June 3 that according to CoinDesk, Geoff Kendrick, head of digital asset research at Standard Chartered Bank, warned that 61 listed companies currently hold a total of 673,800 bitcoins (accounting for 3.2% of the total supply). If the price of Bitcoin falls below the average purchase price by 22%, it may force companies to sell.

The report pointed out that Strategy (MSTR) holds 580,000 of them, accounting for the vast majority. Referring to the precedent of Bitcoin mining company Core Scientific being forced to sell 7,202 Bitcoins when the price was 22% below the cost price in 2022, if Bitcoin falls below $90,000, half of the company's holdings will face the risk of losses. Although the current wave of Bitcoin corporate holdings has pushed up buying pressure, it has also buried potential selling risks.