They still have a massive bag of BTC. JP Morgan is foolish

BlokchainB

JP Morgan is a monopoly with many tentacles, and they're all bad, or rather, money talks.

mkmloom

 to Underweight from Neutral on Monday, cutting its price target to $11 from $13. Analyst Reginald Smith set the new target for December 2027, replacing the bank’s previous December 2026 target.

MARA shares were quoted at $11.65 on Monday, putting JPMorgan’s target about 5.6% below the stock price. The shares closed the prior session at $11.98.

JPMorgan cited MARA’s capital-light AI/HPC strategy as a reason for the downgrade, which contributes powered sites to a joint venture with Starwood Digital Ventures rather than building and operating data centers independently. The bank prefers operators that control tenant contracting, financing, development and long-term operations.

bitcoin_Mining

Stacker_Stocks

> JPMorgan [downgraded](https://www.streetinsider.com/Analyst+Comments/JPMorgan+Double+Downgrades+MARA+Holdings+Inc+%28MARA%29+to+Underweight/27054556.html) [MARA (NASDAQ: MARA)](https://blockspace.media/insight-category/mara/) to Underweight from Neutral on Monday, cutting its price target to $11 from $13. Analyst Reginald Smith set the new target for December 2027, replacing the bank’s previous December 2026 target.
>
> MARA shares were quoted at $11.65 on Monday, putting JPMorgan’s target about 5.6% below the stock price. The shares closed the prior session at $11.98.
>
> JPMorgan cited MARA’s capital-light AI/HPC strategy as a reason for the downgrade, which contributes powered sites to a joint venture with Starwood Digital Ventures rather than building and operating data centers independently. The bank prefers operators that control tenant contracting, financing, development and long-term operations.
>
> [**...read more at blockspace.media**](https://blockspace.media/insight/jpmorgan-downgrades-mara-to-underweight/)