Coin World news: JPMorgan, a Wall Street bank, stated that Strategy (MicroStrategy) decided to allow selective selling of Bitcoin (BTC) to support the policy of paying preferred stock dividends. This has introduced an avoidable "two-way" risk to the crypto market, increasing uncertainty and volatility. The company has set a minimum cash reserve target of about 12 months of preferred stock dividends and interest expenses. Its current reserves of $2.55 billion roughly cover 17 months of obligations. JPMorgan analysts believe the coverage ratio needs to be raised to 24–36 months to reassure investors, and they think Strategy will not sell its Bitcoin in the foreseeable future. Strategy currently holds 847,363 Bitcoins, making it one of the largest corporate holders. Its aggressive accumulation strategy has made it a major source of demand for cryptocurrency.