Strategy Stake Held by JPMorgan Jumps 36% as Bitcoin ETF Bets Hit $540M

JPMorgan has expanded its exposure to Bitcoin-linked investments, lifting its stake in Strategy by 36%, according to recent regulatory disclosures. The bank's holdings across Bitcoin exchange-traded funds now total approximately $540 million. That figure includes a larger position in BlackRock's iShares Bitcoin Trust, one of the largest spot Bitcoin ETFs trading in the United States. Filings also show JPMorgan increased its exposure to Coinbase, the largest U.S.-based cryptocurrency exchange. Together, the moves point to a broadening institutional footprint across multiple corners of the crypto market, from direct Bitcoin funds to companies whose business models are tied closely to digital assets.