MicroStrategy Says It Has the One Thing JPMorgan Lacks
Strategy, formerly MicroStrategy, says 91% of its balance sheet rests on money nobody can take back. JPMorgan runs on deposits customers can pull any day. Strategy calls that the safer design. The claim comes from a slide that the company put in front of investors. It puts Strategy‘s short-term funding gap at zero and JPMorgan’s at negative $1.2 trillion. Strategy wrote those definitions itself. MicroStrategy versus JPMorgan. Source: Strategy “MSTR inverts TradFi,” says Strategy. Follow us on X to get the latest news as it happens What MicroStrategy Says JPMorgan Cannot Do Banks borrow short, lend long, and deposits can vanish in a day. Additionally, sometimes loans take years to come back, which is why insurance, regulators and central bank credit exist to cover that gap. Silicon Valley Bank customers asked for $42 billion on a single day in March 2023, a quarter of its deposits. Regulators closed the bank the next morning. The case for MicroStrategy is that it has no depositors. It owns 845,050 Bitcoin (BTC), funded mostly through perpetual preferred stock issuance. Those shares pay a fixed dividend and never mature. Its September 8 filing shows nothing due inside 12 months. 48% of JPM‘s balance sheet is funded by withdrawable deposits. 91% of Strategy’s balance sheet









