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JPMorgan Says The Real Threat To Bitcoin Isn't Strategy (MSTR), It's Private Blockchains
JPMorgan Says The Real Threat To Bitcoin Isn't Strategy (MSTR), It's Private Blockchains
Authored by Micah Zimmerman via BitcoinMagazine.com,
Strategy’s recent bitcoin sales and its formal monetization program have rattled investors, but JPMorgan analysts see a bigger danger to bitcoin: blockchain adoption that routes around public networks and the tokens that ride on them.
In a report led by managing director Nikolaos Panigirtzoglou (ZH: available here for professional subscribers), the bank argued that Strategy is not the main structural threat to the asset.
The company sold 3,588 bitcoin for $216 million in early July to cover...
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Update (1900ET): SpaceX scrubbed their 13th test flight on Thursday right as the countdown clock reached zero.
Noooo! Abort triggered after 4 of the centre engines failed to ignite at start-up...as seen in the Booster engine graphic, bottom left of screen.
Video straight off the @SpaceX stream. pic.twitter.com/nZ65wfuQkb
— VixXi (@VickiCocks15) July 16, 2026
Developing...
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