PANews
PANews|Jun 08, 2026 00:20
[JPMorgan: Strategy Needs to Rebuild Dollar Reserves to Restore Confidence, Probability of Crypto Bill Passing This Year Below 50%] According to The Block, JPMorgan analysts stated that Strategy may need to rebuild its dollar reserves to restore investor confidence and reduce concerns about future Bitcoin sales. Strategy's recent sale of 32 Bitcoins has 'shocked' the market, with current dollar reserves only sufficient to cover approximately 6.3 months of dividend payments. Analysts pointed out that Strategy currently holds 843,706 Bitcoins at an average cost of $75,699, resulting in an unrealized loss of approximately $11.5 billion based on current prices. If the year-to-date purchasing pace is maintained, Bitcoin purchases could reach approximately $32 billion by 2026. Analysts have turned cautious on digital assets, predicting that the probability of a crypto bill passing this year is below 50%.
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