According to a report by PANews, Geoff Kendrick, the head of digital asset research at Standard Chartered Bank, warned that 61 listed companies collectively hold 673,800 bitcoins, accounting for 3.2% of the total supply. If the bitcoin price falls below the average purchase price by 22%, it may trigger forced selling by companies.
The report pointed out that MicroStrategy (MSTR) holds 580,000 bitcoins, making up the vast majority. If the bitcoin price falls below $90,000, half of the companies' holdings will face the risk of loss. Although the current trend of corporate bitcoin holdings has increased buying pressure, it also lays the groundwork for potential selling risks.