JP Morgan's MSTR Hit Job: Just Another Day on Wall Street?
So, Wall Street dumped $5.38 billion in MSTR in Q3 2025. Big whoop. You expect me to believe this was just some rational market correction? Please. This ain't your grandma's investment club; it's a shark tank.
The story goes that institutional investors, like Capital International and BlackRock, were ditching MSTR because, with spot Bitcoin ETFs now available, they didn't need MicroStrategy as a proxy anymore. Convenient, right? "Oh, we just found a better way to play the Bitcoin game." Sure you did.
The "Hedge" Excuse
Tom Lee from Bitmine Immersions claims MSTR is now a "proxy for hedging crypto risk." He says institutions are shorting MSTR to hedge their Bitcoin losses because they can't find other ways to do it directly. Okay, that kinda makes sense... but also sounds like a load of bull.
Think about it: these are the same geniuses who brought us the 2008 financial crisis. Now they're telling us they can't figure out how to hedge crypto? Gimme a break. It's more likely they saw an opportunity to manipulate the mstr price and ran with it.
And then there's JP Morgan. Oh, JP Morgan, you sly dog. Empery Digital accuses them of intentionally creating pressure around MicroStrategy by raising margin requirements on July 7. Suddenly, MSTR starts tanking. What a coincidence! JP Morgan warns that exclusion could trigger about $2.8 billion in outflows from MSCI-tracking funds. See how that works?
The Saylor Defense
MicroStrategy's Michael Saylor is out there defending his company, saying it's more than just a Bitcoin play, that it's a real software business with $500 million in yearly revenue. Okay, Mike, whatever you say. I mean, the guy holds 649,870 BTC worth roughly $56 billion. He's clearly got a vested interest in keeping the price afloat.
But let's be real, Strategy's market cap dropped below the value of the BTC it holds. That's not a good look. It's like saying, "Yeah, we have a great product, but really, just look at our pile of magic internet money!"
The crypto community is, offcourse, losing its collective mind. Calls for a boycott of JP Morgan are growing. Grant Cardone pulled $20 million from Chase. Max Keiser is urging everyone to "Crash JP Morgan and buy MicroStrategy and Bitcoin." Look, I get the anger. But a boycott? Against JP Morgan? That's like trying to stop a tsunami with a beach umbrella. JP Morgan Faces Boycott Calls After MicroStrategy’s MSTR Stock Crash: Story Explained
The MSCI Factor
And then there's MSCI, potentially removing companies with over 50% crypto holdings from its indexes. JP Morgan warns that this could trigger $2.8 billion in outflows from MSCI-tracking funds. So, basically, if you're too heavily invested in crypto, you're out. It's like the cool kids club saying, "Sorry, you're too crypto for us."
This whole thing is a giant game of chess, and we're all just pawns. The big players are moving their pieces, manipulating the market, and making a killing while the rest of us are left holding the bag.
The Rich Get Richer, What Else is New?
Look, I'm not saying JP Morgan is definitely behind this. Maybe it's just a series of unfortunate events. Maybe it's just the market doing its thing. But let's be real: Wall Street doesn't play fair. They never have, and they never will. So, what's the real story? Probably something far more complicated and shady than we'll ever know. And honestly, I'm not sure I even want to know.
