🚨JPMORGAN: STRATEGY'S BTC SALES POLICY ADDS TWO-WAY RISK TO CRYPTO!
JPM warns Strategy's new policy, allowing selective bitcoin:native sales for dividends, introduces avoidable two-way risk: big buyer on the way up, potential seller on dips.
This breaks from the long-standing "never sell" approach and adds volatility investors didn't previously have to price in.
The bank recommends equity issuance for stronger dividend coverage instead.