Strategy Says Bitcoin Gives It an Edge JPMorgan Cannot Match

Strategy is making a striking pitch to investors: its balance sheet, built around Bitcoin, does something a traditional bank like JPMorgan cannot. The company says 91% of its balance sheet is tied to money that cannot be reclaimed on demand, while JPMorgan depends heavily on deposits that customers can withdraw at any time.The argument appeared in a presentation to investors, where Strategy, the company formerly known as Strategy, compared its own short-term funding position with JPMorgan’