Standard Chartered Suggests Ethereum Could Outperform Bitcoin Amid MicroStrategy's First BTC Sale Since 2022

Standard Chartered analyst Geoffrey Kendrick suggests that MicroStrategy’s first Bitcoin sale since 2022 could signal a shift in favor of Ethereum, as the move breaks with its no-sell policy and highlights structural advantages for ETH treasury strategies. The firm sold 32 BTC to cover preferred stock dividends, sparking market reactions including declines in both Bitcoin's price and MSTR stock.

By Lockridge Okoth Tue, June 2, 2026 at 7:18 PM GMT+3 3 min read · Yahoo Finance · June 2, 2026, 16:18 UTC

Tickers: $MSTR

Topics: Bitcoin digital assets Ethereum MicroStrategy treasury strategy

Read the full article at Yahoo Finance

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