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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
JM
Approved byJames Mitchell

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…

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The Block Editorial · The Block

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