JPMorgan Sounds the Alarm on MicroStrategy’s New Bitcoin Sales Policy

JPMorgan warned that MicroStrategy’s new Bitcoin sales policy adds unnecessary risk to the crypto market. The Michael Saylor-led firm may sell up to $1.25 billion in Bitcoin to fund preferred dividends across the coming months. The warning arrives as Strategy (formerly MicroStrategy) loses ground on both its common and preferred stock across broader financial markets. The post JPMorgan Sounds the Alarm on MicroStrategy’s New Bitcoin Sales Policy appeared first on BeInCrypto.