JPMorgan Raises MSTR and IBIT Holdings While Holding More MSTR Put Exposure Than Stock

JPMorgan’s latest 13F shows 848,932 Strategy shares worth about $131.3 million as of September 30, up roughly 36% quarter over quarter, alongside put options covering 1.15 million MSTR shares with an underlying value of about $177.6 million. The bank also held 11.41 million BlackRock IBIT shares worth about $540 million, up 9.6%, and roughly 1.58 million Coinbase shares.The holdings include assets managed across JPMorgan-affiliated investment entities and do not solely represent proprietary positions.