JPMorgan Chase: Strategy cash reserves increase to $3 billion Bitcoin futures inflows send positive signals

Analysts pointed out that the spot Bitcoin ETF recorded inflows last week and turned into outflows this week. In contrast, leveraged ETFs linked to Strategy have maintained relatively stable positive inflows for seven consecutive weeks. JPMorgan believes that this part of the buying, mainly from retail investors, may provide support for Strategy's share price and prevent its common stock from falling below the net asset value of the company's Bitcoin holdings.