Episode

JPMorgan Says Strategy's Bitcoin Sales Are a Market Risk | CoinDesk Daily

Podcast
CoinDesk Podcast Network
Published
Jul 2, 2026
Duration seconds
105
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Summary

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 digital asset inflows this year, any shift toward selling would matter. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily." - This episode is brought to you by RealFi, a smarter stablecoin, backed by real-world assets. Find out more at⁠ realfi.co⁠. - Ledn provides a secure and transparent way to access liquidity while maintaining your bitcoin holdings. Perfect 8 year track record of keeping clients assets safe. Don't sell your bitcoin. Get a bitcoin-backed loan. Check out your rate by using their loan calculator at⁠ ledn.io⁠ JPEG Trading is a global proprietary trading firm specializing in cryptocurrency and decentralized finance markets. From market structure and liquidity provision to quantitative trading strategies, JPEG Trading operates across the full spectrum of blockchain-based assets. Follow @jpegtrading on X to stay ahead of the latest developments in digital asset markets:⁠ https://x.com/jpegtrading⁠ - This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.