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via The Block · By The Block Editorial

JPMorgan says Strategy's bitcoin buying could reach $30 billion this year at current pace

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The Block Editorial

(03:39 PM UTC)

1 min read

Approved byJames Mitchell

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Michael Saylor's Strategy has been accumulating bitcoin at a faster pace this year, and if the current pace continues, its bitcoin buying could reach around $30 billion this year, according to JPMorgan analysts.

Strategy (MSTR) has added 145,834 bitcoin worth roughly $11 billion year-to-date, with much of the buying happening while bitcoin traded below the company's estimated average purchase…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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