JPMorgan Chase increased its stake in Strategy by 36% in the third quarter, taking its position to 848,932 shares worth $131.3 million as of September 30. The bank also held 11,408,930 shares of BlackRock’s iShares Bitcoin Trust (IBIT), valued at $540 million, up from $355.7 million at the end of June. Its US broker-dealer held 11,198,915 IBIT shares and 370,680 Strategy shares, while its holding of the Ethereum ETF (ETHA) fell to 399 shares. The 13F filing covers securities over which managers have investment discretion and may not reflect JPMorgan’s full exposure, particularly its short positions and options.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
