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2026-07-02 15:10:42 UTC

BTCTennis on Nostr: JPMorgan flagged something worth understanding if you follow Bitcoin markets. ...

JPMorgan flagged something worth understanding if you follow Bitcoin markets.

Strategy (formerly MicroStrategy) holds over 500,000 Bitcoin. Last week they sold 32 BTC. That is a tiny fraction of their total. But it was their first sale ever.

Why does it matter? Strategy was seen as the ultimate never-sell holder. Their entire business model is built on accumulating Bitcoin. When even a small sale happens, it raises questions about whether they might sell more to cover dividend payments or debt.

JPMorgan says the company's annual dividend bill is around $1.7 billion. If Bitcoin prices stay low and their stock pressure continues, more sales are possible.

The takeaway for new Bitcoin users: when a few large holders control a lot of coins, their decisions move the market. This is why distribution, meaning coins spread across many holders, matters for long-term stability.

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