JPMorgan increased its Strategy stake by about 36% in Q3 and holds about $540 million in BlackRock's Bitcoin ETF.

November 13 - JPMorgan's latest 13F filing shows that as of September 30, it held 848,900 shares of Strategy common stock, with a market value of approximately $131.3 million based on the quarter-end price. Compared to 624,400 shares at the end of the second quarter, the holdings increased by 224,500 shares, an increase of about 36%. During the same period, the company held 11,408,900 shares of BlackRock's Bitcoin ETF (IBIT), with a market value of approximately $540 million, an increase of about 9.6% from 10,407,600 shares at the end of the second quarter.

The same filing also lists 1,581,800 shares of Coinbase common stock, with a market value of approximately $301 million, and holdings in Robinhood as well as listed Bitcoin mining companies including Core Scientific, MARA Holdings, Riot Platforms, Hut 8, and CleanSpark. The filing also shows that JPMorgan holds a large number of Strategy put and call options, corresponding to approximately 1,148,500 shares with a notional value of about $178 million, and approximately 349,500 shares with a notional value of about $54.06 million, respectively.