{"id":81728,"date":"2026-07-12T23:23:09","date_gmt":"2026-07-12T23:23:09","guid":{"rendered":"https:\/\/www.europesays.com\/britain\/81728\/"},"modified":"2026-07-12T23:23:09","modified_gmt":"2026-07-12T23:23:09","slug":"standard-chartered-says-michael-saylors-btc-pivot-message-needs-clarity-to-convince-investors-10-sources-western-alternative-7-newscord","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/britain\/81728\/","title":{"rendered":"Standard Chartered Says Michael Saylor\u2019s BTC Pivot Message Needs Clarity To Convince Investors: 10 Sources (Western Alternative: 7) | NewsCord"},"content":{"rendered":"

Saylor\u2019s BTC pivot questioned<\/p>\n

Strategy founder and chairman Michael Saylor posted a chart on Sunday with the message \u201cOrange dots tell only part of the story,\u201d as Standard Chartered said his BTC pivot message needs clarity to convince investors.<\/p>\n

The post followed Strategy\u2019s shift toward using Bitcoin to support dividends and maintain cash reserves, after the company moved away from its long-time \u201cnever sell Bitcoin\u201d approach.<\/p>\n

\"Image\"bloomingbit\"bloomingbit<\/a><\/p>\n

Standard Chartered\u2019s global head of digital assets research, Geoff Kendrick, said Strategy\u2019s actions and Saylor\u2019s manner of communicating them \u201care muddying the waters for BTC near-term.\u201d<\/p>\n

Kendrick argued that effective communication of Strategy\u2019s new strategy\u2014using Bitcoin to back STRC\u2014could reassure markets that wholesale selling is unlikely and \u201cshould in turn support BTC prices.\u201d<\/p>\n

Filings show sales, reserves<\/p>\n

Standard Chartered tied its critique to Strategy\u2019s disclosures, including a July 6 filing with the US Securities and Exchange Commission that said Strategy sold $216 million worth of Bitcoin earlier this month.<\/p>\n

That same filing reported Strategy\u2019s total holdings declined to 843,775 tokens, after Strategy unveiled a capital framework that contemplates Bitcoin sales as part of funding dividends.<\/p>\n

\"Image\"CoinDesk\"CoinDesk<\/a><\/p>\n

The framework also increased the annual dividend rate on Strategy\u2019s STRC preferred stock to 12% and reported US dollar reserves of $2.55 billion.<\/p>\n

Kendrick said the \u201cnever sell\u201d framing limited what MSTR\u2019s BTC holdings can do\u2014or \u201cwhat they are perceived to be doing\u201d\u2014and pointed to the company having \u201csold BTC twice and recently announced a BTC monetization program.\u201d<\/p>\n

Market impact ahead of earnings<\/p>\n

Investors who bought into Strategy\u2019s Bitcoin narrative have faced pressure ahead of a July 30 earnings report, with the company slated to report second-quarter earnings on July 30.<\/p>\n

The STRC preferred shares were initially structured to hold a price of $100 apiece, but shareholders saw that par value fall last month to the lowest value since the preferred stock was introduced a year ago.<\/p>\n

Strategy\u2019s common shares, trading under the MSTR ticker, have lost more than 70% of their value since July 2025, closing at $94.64 per share on Friday, down from a 52-week high of $457.22.<\/p>\n

Even with the critique, Kendrick said Standard Chartered expects its $100,000 year-end forecast for Bitcoin, while arguing that clearer signaling could remove the need for MSTR to actually sell any BTC by supporting STRC\u2019s price.<\/p>\n","protected":false},"excerpt":{"rendered":"Saylor\u2019s BTC pivot questioned Strategy founder and chairman Michael Saylor posted a chart on Sunday with the message…\n","protected":false},"author":2,"featured_media":81729,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[21387],"tags":[9256,33950,8196,33949,33948,20677,36135],"class_list":["post-81728","post","type-post","status-publish","format-standard","has-post-thumbnail","category-standard-chartered","tag-crypto","tag-media-analysis","tag-media-bias","tag-news-compared","tag-news-comparison","tag-standard-chartered","tag-standard-chartered-says-michael-saylors"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@UnitedKingdom\/116909585459196635","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/81728","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/comments?post=81728"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/81728\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media\/81729"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media?parent=81728"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/categories?post=81728"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/tags?post=81728"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}