๐ฆ JPMorgan boosts its Strategy stake 36% and holds $540M of BlackRock's Bitcoin ETF
JPMorgan's latest 13F filing shows it held 848,932 Strategy (MSTR) shares as of September 30, up 36% from 624,387 at the end of June, a stake valued at about $131.3 million at the time. Its position in BlackRock's IBIT rose 9.6% to 11,408,930 shares, worth about $540 million.
The bank also reported 1,581,814 Coinbase shares plus stakes in Robinhood and bitcoin miners such as MARA, Riot, Core Scientific, Hut 8 and CleanSpark. Since then, MSTR has closed at $114.41, which would put the Strategy stake at around $97.1 million.
โญ Wall Street's biggest bank kept adding Bitcoin-linked exposure in Q3, a sign that institutional interest held up even as prices have since fallen to three-month lows.
#JPMorgan #Bitcoin #IBIT #MSTR #ETF
JPMorgan's latest 13F filing shows it held 848,932 Strategy (MSTR) shares as of September 30, up 36% from 624,387 at the end of June, a stake valued at about $131.3 million at the time. Its position in BlackRock's IBIT rose 9.6% to 11,408,930 shares, worth about $540 million.
The bank also reported 1,581,814 Coinbase shares plus stakes in Robinhood and bitcoin miners such as MARA, Riot, Core Scientific, Hut 8 and CleanSpark. Since then, MSTR has closed at $114.41, which would put the Strategy stake at around $97.1 million.
โญ Wall Street's biggest bank kept adding Bitcoin-linked exposure in Q3, a sign that institutional interest held up even as prices have since fallen to three-month lows.
#JPMorgan #Bitcoin #IBIT #MSTR #ETF
