Strategy's Bitcoin Buying May Reach $30 Billion

JPMorgan analysts report that Michael Saylor's Strategy has significantly accelerated its Bitcoin accumulation this year. The company has already acquired 145,834 Bitcoin, valued at approximately $11 billion, year-to-date. If this pace persists, Strategy's Bitcoin purchases could total around $30 billion annually. This figure substantially surpasses the roughly $22 billion invested in each of the previous two years, indicating a strong resurgence in the company's digital asset strategy. Much of this recent acquisition occurred when Bitcoin's price was below Strategy's estimated average purchase cost.