JPMorgan flags Strategy's bitcoin sales policy as adding avoidable two-way risk to crypto markets

JPMorgan has publicly warned that Strategy's policy of selling bitcoin creates avoidable two-way risk in the crypto markets. According to JPMorgan, this sales policy adds unnecessary market uncertainty and volatility. The bank recommends that Strategy should instead consider issuing equity to raise cash reserves, which would be a less disruptive approach to managing liquidity. This critique highlights ongoing concerns about how large bitcoin holders' sales strategies can impact broader crypto market stability.