JPMorgan’s Strategy Stake Loses $34 Million in Value After 36% Share Increase

TLDR JPMorgan raised its Strategy holdings by 36% to 848,932 shares as of Sept. 30. The stake was worth about $131.3 million then but about $97.1 million at Thursday’s close. The bank’s position in BlackRock’s bitcoin ETF rose 9.6% to 11.4 million shares, worth about $540 million. JPMorgan also held 1.58 million Coinbase shares, a [...]

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