JPMorgan Doubles Down on Bitcoin Investment Despite Corporate Treasury Losses

JPMorgan Chase & Co. has significantly bolstered its investment in Bitcoin via an undisclosed amount of shares in the exchange-traded fund (ETF), according to latest filings. These increased holdings come amid a notable decline in JPMorgan’s overall corporate treasury funds, specifically those dedicated to crypto assets such as Bitcoin, Ethereum, and XRP. The firm’s recent actions signal a strategic shift toward Bitcoin despite significant losses within its treasury holdings.