Why Jane Street Slashed Its Strategy MSTR Holdings by 78%?
Tech Why Jane Street Slashed Its Strategy MSTR Holdings by 78%? Jane Street reduced several major Bitcoin-linked holdings during the first quarter of 2026 while adding exposure to Ether exchange-traded funds and selected crypto equities, according to its latest 13F filing. The Wall Street trading firm sharply cut positions in two leading spot Bitcoin ETFs after building large exposure during late 2025. Its holding in BlackRocks iShares Bitcoin Trust fell about 71% quarter-over-quarter to roughly 5.9 million shares, valued near $225 million at the end of March. Jane Street also its stake in Fidelitys Wise Origin Bitcoin Fund by about 60%, ending the quarter with around 2 million shares worth nearly $115 million. The filing showed a broad reduction in reportable Bitcoin ETF exposure during a period of volatile crypto and equity markets. The firm also lowered its position in Strategy, the Bitcoin treasury company led by Michael Saylor. Jane Street held about 968,000 Strategy shares in the fourth quarter of 2025, worth nearly $146 million. By the end of the first quarter of 2026, that holding had fallen to around 210,000 shares, valued near $27 million. Bitcoin ETF and MSTR Holdings Decline Jane Streets sale of Strategy shares followed a sharp increase in the previous quarter,









