JPMorgan Bitcoin-Related Holdings Rise via Strategy and ETF - The Cryptonomist

JPMorgan’s reported bitcoin-related holdings grew through Strategy and BlackRock’s ETF, according to its latest 13F filing with the U.S. Securities and Exchange Commission.

The filing shows the bank boosted its Strategy stake by 224,545 shares, pushing its position to 848,932 shares as of September 30, 2026.

At the quarter-end, Strategy stock was trading around $155, valuing the bank’s position at approximately $131.3 million.

The bank’s stake in BlackRock’s iShares Bitcoin Trust also climbed 9.6% to 11,408,930 shares, worth about $540 million.

JPMorgan’s crypto-related portfolio extended beyond these two assets to include Coinbase, Robinhood, and several mining companies like Core Scientific, CleanSpark, Hut 8, MARA Holdings, and Riot Platforms.

Strategy Price Drop

Strategy closed at $114.41 on November 13, down approximately 6.5% for the session.

Applying that later price to the September 30 share count, JPMorgan’s implied Strategy stake would be worth about $97.1 million, roughly 26% below its quarter-end valuation.

The drop in Strategy’s share price and a broader market decline contributed to the lower implied value of the bank’s reported holdings.

Bitcoin had also dropped 7% over the preceding 24 hours to $68,408, its lowest level since August 20.