JPMorgan Discloses Bigger Strategy Stake and $540M Bitcoin ETF Exposure

JPMorgan increased its position in Strategy, known by ticker MSTR, by 36% during the third quarter, according to Crypto Economy. The bank ended the period with 848,932 shares worth $131.3 million, extending its exposure to a company whose business is heavily associated with Bitcoin holdings. Crypto Economy also reported that JPMorgan had nearly $540 million invested in BlackRock’s iShares Bitcoin Trust, making IBIT the largest position among the bank’s disclosed spot Bitcoin ETF holdings. The summary said JPMorgan also held other Bitcoin-related funds and company investments, but did not provide a complete total for that broader exposure. No other outlet covered the transaction, so the figures remain attributable to Crypto Economy. A separate live data point from DeFiLlama showed Stake’s total value locked at $123.65 million, down 4.6% over seven days; that figure was not presented as JPMorgan’s Strategy holding or as a direct comparison with the reported $131.3 million stake value. Market conditions were weak as the disclosure came into view. Bitcoin traded at $71,390, down 3.41% over 24 hours and 5.80% over seven days, while total crypto market capitalization stood at $2.46 trillion. The Fear & Greed Index registered 28, placing sentiment in the Fear category. The disclosure and subsequent market data provide context for monitoring future changes in JPMorgan’s Strategy and Bitcoin ETF positions rather than establishing a directional outcome.