[JPMorgan: Strategy Can Avoid Forced Bitcoin Sales by Maintaining Enterprise Value to Bitcoin Holdings Ratio Above 1] BlockBeats News, December 4: Strategy, as the largest publicly-held Bitcoin company, could impact Bitcoin prices if it sells part of its holdings. JPMorgan stated that Strategy can avoid being forced to sell Bitcoin by maintaining its enterprise value to Bitcoin holdings ratio above 1.0, which currently stands at 1.13. If this ratio remains above that level, the Bitcoin market may stabilize, alleviating recent pressures. Affected by the downturn in the crypto market, Strategy's stock price has dropped approximately 42% over the past three months. The company has also slowed its Bitcoin purchasing pace, adding 9,062 Bitcoins last month compared to 134,480 Bitcoins during the same period a year ago. Additionally, if Strategy is removed from the MSCI Index, it could trigger approximately $8.8 billion in capital outflows. However, Strategy holds $1.4 billion in dividend and interest reserves, which would allow it to avoid being forced to sell Bitcoin even if Bitcoin prices decline further.