JPMorgan Says Strategy’s Bitcoin Buying Pace Is Accelerating, Sees $30 Billion This Year
Summary
- JPMorgan said Strategy purchased an additional 145,834 BTC this year and expects the scale of its accumulation to expand sharply.
- JPMorgan estimated that if the current pace is maintained, Strategy’s annual Bitcoin purchases could reach about $30 billion.
- Markets are focused on how Strategy’s large-scale accumulation could affect Bitcoin supply and demand and institutional investment flows, with funding sustainability and Bitcoin price trends seen as key variables.
Forecast Trend Report by Period
JPMorgan said Strategy’s Bitcoin accumulation could expand sharply this year as the company maintains an aggressive buying strategy.
The Block reported on May 7 that, in a report, JPMorgan estimated Strategy had purchased an additional 145,834 BTC this year.
If that pace continues, the bank estimates Strategy’s annual Bitcoin purchases could reach about $30 billion.
That would top the roughly $22 billion of Bitcoin the company bought in 2024 and 2025, respectively.
JPMorgan said Strategy is pursuing a more aggressive buying strategy in line with market conditions and funding conditions.
Markets are watching how Strategy’s large-scale accumulation could affect Bitcoin supply and demand and institutional investment flows. The sustainability of its fundraising and the direction of Bitcoin prices remain the key variables.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
