JPMorgan's analysts just dropped an interesting take: they're pointing to Strategy as the real force steering Bitcoin's price movements right now. Their argument? The company's solid financial position and its unwavering commitment to holding—not selling—its Bitcoin stash matters way more for price action than whatever miners decide to do with their coins. It's a shift in perspective that puts corporate treasury strategies front and center in the BTC narrative, rather than the traditional mining dynamics most people focus on.