TechFlow news, July 17, according to The Block, JPMorgan analysts pointed out in the latest report that despite significant fluctuations in recent spot Bitcoin ETF fund inflows, MicroStrategy increasing its USD reserves from $2.55 billion to $3 billion (covering approximately 20 months of preferred stock dividends), and Bitcoin futures (including CME futures and perpetual contracts) recording positive fund inflows this week are both "positive signals" for Bitcoin's prospects.
Analysts also noted that fund inflows into leveraged ETFs linked to MicroStrategy have remained stable for seven consecutive weeks, driven mainly by retail investors, effectively supporting its stock price. Meanwhile, MicroStrategy President and CEO Phong Le stated that the company is "very confident" in its balance sheet, considering debt risk only if Bitcoin prices fall to the $8,000 to $10,000 range, and plans to continue issuing additional shares after STRC preferred stock returns to a $100 par value, with the proceeds potentially used to purchase more Bitcoin.
