According to Bloomberg, JPMorgan stated that after Strategy adjusted its financing policy, the market now faces the risk of it shifting from a major Bitcoin buyer to a potential seller. The report mentions that Strategy selectively selling Bitcoin to pay preferred stock dividends and manage its balance sheet has introduced avoidable two-way liquidity risks to the market. To reduce the likelihood of future Bitcoin sales, Strategy needs to maintain enough liquidity to cover two to three years of dividend payments. JPMorgan noted that Strategy has purchased approximately $8.2 billion worth of Bitcoin this year, accounting for an estimated 70% of year-to-date net inflows into digital assets, with its holdings representing about 4.2% of Bitcoin's total supply. https://(wublock123.com)/news/jpmorgan-strategy-policy-risks-two-way-bitcoin-flows-63937