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JPMorgan Sounds Alarm Over MicroStrategy's $20B Bitcoin Buying Spree

source-logo  coingape.com  + 1 more 15 March 2024 17:04, UTC

JPMorgan issued a warning regarding MicroStrategy’s recent $2 billion Bitcoin (BTC) acquisitions within six months. The organization emphasized that MicroStrategy’s Bitcoin buying spree could expedite any potential downturn, which poses a massive risks to the crypto market’s stability.

coingape.com

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