Simply Bitcoin We Finally know why JP Morgan was attacking MSTR… | EP 1386
Nov 27, 2025
The podcast delves into the recent conflict between JP Morgan and MicroStrategy, shedding light on strategic motives behind JP Morgan's short sell. A timeline links major banks to ETF filings, revealing their efforts to capture Bitcoin flows. The hosts discuss the shift of crypto as a macro asset and the tactics of institutions accumulating Bitcoin amidst retail sell-offs. They also raise concerns about censorship through chat controls and the implications for free speech. The conversation wraps up with reflections on legacy finance vs. crypto challengers.
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Wall Street's Public Attack Was A Strategic Admission
- JP Morgan attacked MicroStrategy publicly while simultaneously developing a competing leveraged Bitcoin product.
- That behavior signals institutional acceptance that Saylor's accumulation thesis has long‑term viability.
Structured Notes Reveal The Playbook
- JP Morgan filed structured notes tied to the BlackRock Bitcoin ETF offering leveraged, conditional upside through 2028.
- The product design explains why the bank could push down price short‑term and profit when institutions buy the eventual rally.
Timeline Points To Engineered Capital Migration
- A coordinated timeline shows margin hikes, product filings, and market moves aligning with attempts to displace MicroStrategy.
- The sequence suggests banks engineered flows to capture capital into their ETF‑linked products.
