JPMorgan warns Strategy's 32 BTC sale to cover dividends creates two-way risk, recommending equity issuance to rebuild dollar reserves and avoid further

Strategy continues its shift away from aggressive Bitcoin accumulation as market conditions deteriorate.

Strategy authorized $1.25 billion in Bitcoin sales to boost reserves to $3.8 billion, breaking its 'never sell' stance while holding 847,363 BTC.

Strategy’s authorization to sell up to $1.25 billion in bitcoin to support its dollar reserve reduces the risk of forced BTC selling and signals a shift

The bank said Strategy's bitcoin sales policy adds avoidable market uncertainty and should be replaced with equity issuance to build cash reserves.

JPMorgan warns Strategy's 32 BTC sale to cover dividends creates two-way risk, recommending equity issuance to rebuild dollar reserves and avoid further

JPMorgan warns Strategy Inc. could become a net Bitcoin seller after the company authorized up to $1.25 billion in potential BTC sales to cover dividends.

Strategy introduced "avoidable two-way risk" into crypto markets with its recent bitcoin sale policy, according to JPMorgan analysts.

Relatório diz que eventual venda de reservas pela Strategy pode ampliar incerteza e volatilidade no mercado de bitcoin