Analysts at JPMorgan believe that Strategy may need to rebuild its dollar reserves to regain investor confidence and alleviate concerns over potential Bitcoin sell-offs. In December 2025, the company established a reserve of $1.44 billion for preferred stock payments and debt servicing. The bank has also adopted a more cautious stance on digital assets and assesses the likelihood of a cryptocurrency market structure bill being passed in the U.S. in 2026 at less than 50%.