JPMorgan lifts Strategy stake 36% and holds $540 million in Bitcoin ETFs

A 13F filing shows JPMorgan raised its Strategy (MSTR) position 36% from June to 848,932 shares, and held 11.4 million IBIT shares worth $540 million as of Sept. 30. The disclosure lands weeks before MSCI's index exit. Traders read the bank's larger Bitcoin-proxy and spot ETF exposure as a sign of continued institutional demand.