LEAKED: JP Morgans SECRET Bitcoin Plan EXPOSED!!! | EP 1634

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While everyone's been distracted with Bitcoin's violent crash under 70k, nobody's been paying attention to the moves of the world's largest bank. The recent Q3 SEC disclosures came out, and they showed that JP Morgan had increased their exposure to MSTR, but that's only part of this story. In Q3, they increased their MSTR position by 36 percent, but at the same time that they were buying MSTR shares, they also were shorting MSTR and increased their short by 60 percent in Q3. And let's not forget, guys, that they were the first to ring the alarm about MSCI excluding strategy from the global index that just came out as official, what, 24 hours ago? Interesting stuff going on here. We got a lot to cover. Let's dive in. So you can see the first story here. This is from Coindesk. This is Coindesk covering it on Twitter. And it goes, JP Morgan increased the MSCI stake by 36 percent in Q3 to 849,932 shares. So obviously, they think there's upside to strategy, right? They also increased their iBit holdings to 11.4 million shares worth $540 million per their SEC 13F filings. So not only are they bullish on Bitcoin here, they're also bullish on MSTR. So they want the upside. But what is interesting here is the timing of this short increase on MSTR. So now let me go over here. And this is coming from Yahoo Finance. It's actually BN Crypto, but Yahoo Finance has been using their articles. And I think here's where maybe the more interesting story is playing out. So again, JP Morgan bought more micro strategy before MSCI exit, plus insurance against a drop. This is, you know, they're hedging their bets here. Well, actually, they're kind of inducing the attack on strategy here, but they're also long on strategies. So it does look like as if they're kind of playing this game where in the short term, they want to make some money off this MSTR dump. That's probably going to happen in two weeks. But they're also most likely going to increase their MSTR position at the same time. So here we go. JP Morgan held 36% more micro strategy shares at the end of September, weeks before MSCI announced it would drop the stock. It also held 60% more put options, which work like insurance if the share price drops.

So they're hedging their bets here. The bank's own analysis had estimated that losing the index spot could force index funds to sell about $2.8 billion of MSTR.

We're seeing some interesting Wall Street games being played with strategy. So JP Morgan held 848,932 shares as of September 30th worth $131 million. In June, though, it held 624,387 shares. So it's a big increase. Again, 36% increase in just holding the MSTR common stock. Now, it's put options.

It's basically the view that, hey, if the price gets to this point, we're going to make some money on it. It's almost like a short, but you don't actually have to buy the shares if your bet goes the wrong way. It's a cheaper way of essentially shorting the stock here. If the price doesn't get to this point, they don't get a gain, but they don't actually have to pay anything on top of it. The puts just expire, and they just lose out on whatever money they put in. So it's put options covered 1.14 million shares, more than the 848,932 it held outright. In June, they had put options of 715,700 puts going on here. Now, the real story here, it's not so much that JP Morgan thinks that strategy is going to go down. They think that the current price is overvalued in the short term. And in the long term, obviously they think it's probably going to have a run again. The interesting part here is when you remember the JP Morgan strategy MSCI saga. In October of last year, literally a year ago, they came out and said, strategy is gonna get kicked out of the MSCI global index. They were the first ones to come out and say this. And at the time, we were all wondering, it looked very suspicious that they were trying to attack strategy, attack Michael Saylor because they've been launching a bunch of different products. It did look as if the incumbent Wall Street institutional investors were trying to find a way to kick out the newbies, kick out the big corners entering Wall Street.

A year later, it came to fruition. It came true that MSCI, or sorry, MSTR was going to get kicked out of MSCI, which again, we found out, I think it was Wednesday night here. And now we know for a fact that at November 30th, market closed, so December 1st, we are most likely going to see a billion dollar dump of MSTR shares on the market, which arguably is going to bring down the price. So there is some Wall Street manipulation games being played right now. Remember, it also started with Jim Chanos. He did the I'm just doing the Strategy Playbook. I'm doing the Sailor Playbook, and I'm bullish Bitcoin, but I'm bearish MSTR. And he had a huge short on MSTR. And then we got the official report from JP Morgan saying, yeah, they're going to get kicked out. It's probably not a good buy in the short term. And now we see that they are telling the public one thing, but they're also doing kind of the exact opposite and hedging their bet here.