JPMorgan has increased its strategy cash reserves to $3 billion, signaling a robust financial position. The bank noted that while spot Bitcoin ETFs experienced inflows last week, they have shifted to outflows this week. However, leveraged ETFs linked to Strategy have seen stable positive inflows for seven consecutive weeks. According to JPMorgan, this buying pressure is primarily driven by retail investors, which could support Strategy's stock price and prevent it from falling below the net asset value of the Bitcoin it holds.