JPMorgan reports $131.3M Strategy stake and $177.6M in MSTR puts

Nov 14, 2026 17:15 (7h ago)

JPMorgan increased its Strategy shareholding to 848,932 shares during the third quarter.
11,408,930 IBIT shares held by JPMorgan were worth $540 million at quarter-end.
JPMorgan reported 399 ETHA shares and 3,116,508 BitMine shares on Sept. 30.

JPMorgan reported a $131.3 million position in Strategy shares, formerly known as MicroStrategy, in its latest 13F, a quarterly U.S. institutional holdings report, marking a 36% increase from the previous quarter. The filing also showed $177.6 million of exposure to MSTR put options, contracts that benefit from price declines. As of Sept. 30, the bank held 11.41 million shares of BlackRock's iShares Bitcoin Trust, or IBIT, worth $540 million, alongside 1.58 million Coinbase shares. The filing further showed a sharp reduction in JPMorgan's iShares Ethereum Trust position, increased exposure to BitMine, and options positions tied to Strategy, IBIT, ETHA and BitMine.