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