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JPMorgan Raised Its MSTR Stake 36% Before Strategy’s MSCI Exit Blow

JPMorgan Chase (NYSE:JPM) raised its Strategy (NASDAQ:MSTR) stake 36% last quarter, a bet that’s now sitting on paper lo...

JPMorgan Chase (NYSE:JPM) raised its Strategy (NASDAQ:MSTR) stake 36% last quarter, a bet that’s now sitting on paper losses after MSCI confirmed plans to remove the stock from its benchmark indexes. JPMorgan’s Strategy Stake Jumps to 848,932 Shares JPMorgan Chase increased its Strategy (NASDAQ:MSTR) common stock holdings by 224,545 shares in the third quarter, bringing its position to 848,932 shares...

SOURCE: Benzinga
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