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Jul 2
1m 45s

JPMorgan Says Strategy's Bitcoin Sales A...

COINDESK
About this episode
JPMorgan on Strategy's policy of allowing bitcoin sales. JPMorgan says Strategy's new policy of allowing bitcoin sales to fund preferred dividend payments has introduced "two-way risk" to crypto markets. The bank wants 24-36 months of cash coverage — right now Strategy only has 17. With the company holding 4% of all bitcoin and driving roughly 70% of net di ... Show More
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