# Bitcoin Faces Drop as $150B Treasury Operation Looms

**Published:** 2026-05-28T05:09:46.000Z  
**Topic:** Microstrategy Bitcoin  
**Sentiment:** bearish  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/50f5892b-2540-469a-8a5d-f6da40bde471

A fund manager warns Bitcoin could fall significantly due to a $150 billion liquidity drain from upcoming U.S. Treasury settlements and corporate treasury

Bitcoin faces potential downward pressure as a fund manager warns that upcoming U.S. Treasury settlements could drain approximately $150 billion in liquidity from the market [2]. Michael Kramer of Mott Capital Management suggests that Bitcoin acts as a leading liquidity indicator and may decline further as cash is pulled from the banking system to finance government debt [2, 4]. This warning coincides with separate concerns regarding roughly $148 billion held in corporate Bitcoin treasuries, where overleveraged firms may be forced to sell assets [1].

**Key takeaways**
*   Michael Kramer warns that U.S. Treasury settlements between May 28 and June 5 could drain $150 billion in liquidity, potentially pushing Bitcoin lower [2].
*   Bitcoin has already dropped about 11% from recent highs above $82,500, breaking a key support level near $75,000 [2].
*   Roughly 228 public companies hold an estimated $148 billion in Bitcoin, with about 15% trading below the value of their crypto holdings [1].
*   Corporate treasury firms facing liquidity crunches may be forced to sell Bitcoin, creating a feedback loop with ETF outflows [1].

## U.S. Treasury settlements tighten liquidity

Kramer argues that Bitcoin is a superior

## Sources
1. Crypto Briefing — [Fund manager warns Bitcoin could drop as $150B Treasury...](https://cryptobriefing.com/bitcoin-150b-treasury-operation-warning/)
2. CoinDesk — [Bitcoin could be heading much lower, fund manager warns as $150 billion Treasury operation nears](https://www.coindesk.com/markets/2026/05/28/bitcoin-could-be-heading-much-lower-fund-manager-warns-as-usd150-billion-treasury-operation-nears)
3. Crypto-headlines — [Fund manager warns Bitcoin could drop as $150B Treasury...](https://www.crypto-headlines.com/articles/1167861-fund-manager-warns-bitcoin-could-drop-as-150b-treasury-operation-nears)
4. Cryptofigures — [Bitcoin information: BTC may fall a lot decrease as $150 billion...](https://www.cryptofigures.com/bitcoin-news-btc-could-fall-much-lower-as-150-billion-treasury-operation-nears/)

---
Cite as: TrendWatcher, "Bitcoin Faces Drop as $150B Treasury Operation Looms", https://www.trendwatcher.in/article/50f5892b-2540-469a-8a5d-f6da40bde471