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Crypto

Strategic Cash Enhancement Boosts Bitcoin, Says JP Morgan

2026/07/17 15:52(Updated 2026/07/17 10:01)

CoinPost

Written by L.Kikutani

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Strategic Cash Enhancement Boosts Bitcoin, Says JP Morgan

JP Morgan's Assessment

JP Morgan's Assessment

Analysts at US investment bank JP Morgan, in a report dated the 16th, evaluated the decision by major Bitcoin holder Strategy to enhance its dollar reserves as 'favorable for the outlook on Bitcoin,' as reported by The Block and others.

Last week, Strategy increased its dollar reserves from $2.55 billion to $3 billion, an addition of $450 million. During this period, there were no purchases or sales of Bitcoin. JP Morgan...

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