sport football: JPMorgan-Backed Bitcoin Loans Are Coming

JPMorgan-Backed Bitcoin Loans Are Coming

Last week, JPMorgan announced it will be accepting "pet rocks" as collateral for loans.

No, I'm not talking about the collectible Pet Rocks from the 1970s. I'm talking about bitcoin.

In March 2024, on national television, JPMorgan Chase CEO Jamie Dimon called bitcoin a "pet rock" that "does nothing."

When asked about asset management giants like Fidelity and BlackRock getting involved with bitcoin, Dimon said he "doesn't care."

What a difference a year makes…

On June 4, JPMorgan, the largest bank in the world, announced it would allow its clients to use crypto-related assets as collateral for loans in the coming weeks.

You read that right. The biggest bank in the world is getting involved in crypto-backed loans.

JPMorgan will begin with BlackRock's iShares Bitcoin Trust (IBIT) and add other crypto exchange-traded funds (ETFs) over time.

The policy will apply globally, spanning all client segments – from individual retail accounts to institutional investors.

Look, I could fill a phonebook with examples of Wall Street titans bad-mouthing bitcoin for years only to pivot and jump on the bandwagon. But this latest example from JPMorgan is especially important.

This is something Daily editor Teeka Tiwari has predicted for years. Back in July 2018, he appeared on a broadcast as a special guest of media personality Glenn Beck.

During the interview, watched by nearly 5 million people, Teeka said JPMorgan would eventually adopt bitcoin despite Dimon's criticism. And he told Beck and his listeners bitcoin would go to $40,000... Back when it was trading a hair north of $7,000.

Today, bitcoin is above $105,000. And this news from JPMorgan suggests it will only go higher.

You see, every time one of these Wall Street stalwarts did an about-face, it sent bitcoin much higher.

One of the most notorious examples is BlackRock CEO Larry Fink. In 2017, Fink called bitcoin an "index for money launderers."

But in 2023, Fink realized bitcoin would be one of the most valuable financial assets of the future.

He pivoted, calling bitcoin "digital gold," and positioned BlackRock – the world's largest asset manager with $10 trillion in assets under management – to profit from the inevitable mass adoption of bitcoin by launching IBIT.

That's the same fund JPMorgan will start accepting as collateral for loans.

Since BlackRock went all-in on bitcoin, its price is up 325%.

Another example is in 2017, when Morgan Stanley CEO James Gorman said bitcoin "doesn't quite deserve the attention it is getting" and "is punching above its weight."

Four years later, Morgan Stanley became the first major U.S. bank to offer its clients access to bitcoin funds.

The point is this: Dimon isn't the first Wall Street titan who got it absolutely wrong about bitcoin only to jump on the bandwagon later.

And recent history shows when Wall Street jumps on the bitcoin bandwagon in a big way, it sends crypto prices soaring.

Bitcoin Will Be Harder to Buy When No One Is Selling

In last week's Daily, I showed you plenty of examples of corporations vacuuming up bitcoin at an eye-popping rate.

And this isn't just a trend we're seeing in the United States. It's global.

Earlier this month, I attended Bitcoin 2025 in Las Vegas and had the chance to meet with executives of four companies at an invitation-only dinner.

Two of the reps were from U.S.-based companies and the other two from Brazil and Hong Kong, respectively. All four told me they're adding bitcoin to their balance sheets.

I've read plenty of stories about companies buying bitcoin. But here I was, sitting and eating with founders and CEOs who were doing exactly that.

And the pace of adoption is speeding up…

Just last month, GameStop announced it had purchased 4,710 bitcoins to hold on its balance sheet… Strive Asset Management raised $750 million to buy bitcoin… Metaplanet, a Japanese company, purchased a total of 8,888 bitcoins. Today, over 1.1 million bitcoins are held by both public and private companies. At current prices, that's over $116 billion in bitcoin.

Now, putting bitcoin on their balance sheets helps companies protect their purchasing power from runaway money printing. But if they want to access this capital, they have to sell their bitcoin, which would put downward pressure on BTC's price.

That's a major concern for companies who hold a lot of bitcoin… At some point, they will turn into sellers when they need to raise cash.

That's why JPMorgan's decision to accept bitcoin ETFs as collateral is a huge development for the mass adoption of bitcoin.

Just think about it…

Once banks begin accepting all forms of bitcoin as collateral alongside other assets like stocks, bonds, and real estate… It'll ease selling pressure. That's because companies can borrow against their bitcoin stack whenever they need to raise cash.

Let's say a company holds $1 billion in bitcoin on its balance sheet and needs $100 million to run operations. Instead of selling its bitcoin, it can borrow against it.

As soon as the company generates $100 million in profits, it repays the loan and gets its bitcoin back.

This eliminates the need for companies to ever sell bitcoin. And because they don't have to sell, they will continue to benefit from bitcoin's long-term price appreciation.

On top of this, lending markets enable the big money to take on leverage – adding even more buy pressure and sending prices higher.

Today, there's over $850 billion in leverage in brokerage accounts, according to FINRA. That's $850 billion in added buy pressure to stocks. I believe we'll see something similar with bitcoin.

Over time, bitcoin could become the ultimate stream of wealth for corporations. The more it appreciates, the more they can borrow against it.

And if companies don't need to sell it… Why would they?

Over the past two decades, the value of the U.S. dollar has plummeted by 40%. Meanwhile, bitcoin has skyrocketed 1,367% over the past five years alone.

Based on our research, we believe bitcoin will eventually hit $1 million per coin. That's a 10x gain from here.

Ask yourself: Do you think you can 10x the money in your savings account in a few years? That's exactly the same calculation corporations are making.

The Road to Mass Adoption Is Wide Open

JPMorgan announcing it's opening a lending facility for bitcoin in the coming weeks is what the road to mass adoption looks like.

It's plugging bitcoin directly into the financial system right alongside the $105 trillion equity and bond markets.

Eventually, I believe we'll see individuals using bitcoin as collateral. Just like you can take a loan out against your house, you'll be able to do the same with your bitcoin.

By the time you're ready to sell your bitcoin, you won't have to. You'll deposit it into banking institutions like JPMorgan and borrow against it.

And as bitcoin goes, so do altcoins.

That's important because one of the biggest and potentially most profitable trends we've been following in the altcoin space is AI agents.

So while bitcoin would've increased your investment 10x over the past few years, the best plays in this space have the potential to deliver even higher gains over a much shorter period. That's how huge the opportunity with AI agents is right now.

As a refresher, AI agents are more advanced forms of AI chatbots.

If you use the internet, you're probably already familiar with AI chatbots. They can answer questions… Write articles, social media posts, emails, and resumes… And help you book a travel reservation.

While bitcoin adoption as a corporate asset is becoming a major financial story, the AI agent trend is flying under the radar.

But we believe the space will be a big beneficiary as money from bitcoin trickles into the ecosystem.

Teeka recently put together his most recent research briefing on how he sees the AI agent trend playing out.

He also wrote a special report on what our research suggests are the top six names in the space. These are coins we believe could make you a life-changing amount of money this year.

You can watch a replay of his research briefing right here. It won't be available for long, so be sure to view Teeka's latest AI agent briefing now.

Keep stacking bitcoin!

Houston Molnar