JPMorgan Faces Backlash Over Competition With Crypto Treasury Firms

[nihalsari]

Bitcoin advocates say JPMorgan’s upcoming notes directly compete with corporate BTC holders like Strategy. Critics claim the product could trigger margin calls on Bitcoin-backed loans, creating forced sell pressure and potentially harming crypto treasury companies in volatile markets.

[Nahid Hossen]

Critics claim the product could trigger margin calls on Bitcoin-backed loans, creating forced sell pressure and potentially harming crypto treasury companies in volatile markets.