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MicroStrategy's massive debt-fueled bitcoin purchases could make a future downturn worse, JPMorgan says

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MicroStrategy's massive debt-fueled bitcoin purchases could make a future downturn worse, JPMorgan says

"Purchases by MicroStrategy add leverage and froth to the current crypto rally and raise the risk of more severe deleveraging," JPMorgan wrote.

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MicroStrategy's massive debt-fueled bitcoin purchases could make a future downturn worse, JPMorgan says

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MicroStrategy's massive debt-fueled bitcoin purchases could make a future downturn worse, JPMorgan says

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