Strategy Calls Itself 'JPMorgan of Crypto' Amid Market Volatility Concerns
Michael Saylor, CEO of Strategy, has made a bold comparison by calling his company 'the JPMorgan of the crypto economy.'
This statement comes just weeks after JPMorgan warned that Strategy's bitcoin sales policy could rattle the market.
JPMorgan estimated that Strategy could buy $32 billion in Bitcoin by the end of 2026, a significant portion of the bank's estimate for total net digital asset inflows industrywide.
Strategy currently holds 842,138 BTC as of August 2, after its third 2026 sale, and has raised its U.S. dollar reserve to $4 billion while repurchasing $81 million of its STRC preferred stock.