JPMorgan Says Strategy Could Buy Up To $30B In | Crypto News
Strategy—previously identified as MicroStrategy—may meaningfully speed up its Bitcoin-buying tempo this 12 months, according to analysts at JPMorgan.
The firm, led by well-known Bitcoin bull Michael Saylor, is already one of the most important publicly traded Bitcoin treasury corporations, and JPMorgan believes its next transfer could also be a bigger, sooner spherical of acquisitions.
Strategy Could Outpace Past Bitcoin Buying
Strategy at present holds more than 818,000 Bitcoin, according to BitcoinTreasuries.web. Purchases have been energetic throughout 2026: the company reportedly added over 145,000 BTC in just 5 months, which is estimated at roughly $11 billion.
JPMorgan analysts, however, said that quantity may rise considerably. Under their view, Strategy’s Bitcoin purchases this 12 months may attain $30 billion over the course of the 12 months. At today’s implied annualized tempo, that would put 2026 purchases far above the roughly $22 billion acquired across 2024 and 2025 mixed.
JPMorgan pointed to a change in momentum in April, saying Strategy “appears to have re-accelerated its bitcoin purchases.” The analysts tied the habits to what they described as an more and more opportunistic shopping for sample.
The optimism around Strategy’s plan also confirmed up in analyst price targets. On Thursday, TD Cowen raised its goal price for the company’s stock, MSTR, from $385 to $395.
As of the time of writing, MSTR closed at $179, translating to an 18% gain since the start of the 12 months. If TD Cowen’s forecast had been to play out, the implied transfer would signify about a 120% bounce from current ranges.
Net Loss Vs. Big Forecast
Analysts also highlighted the financing method by Strategy behind the acquisitions. They say the firm’s elevated use of STRC (variable-rate perpetual most popular stock) to fund Bitcoin purchases may improve capital effectivity, making it more engaging relative to prevailing market pricing.
Still, the company’s latest financial image contains major losses. Strategy reported a web loss of $12.54 billion for the quarter, pushed largely by an unrealized decline in Bitcoin truthful worth of $14.46 billion.
Looking forward, the bottom case and eventualities for Strategy mirror a bullish outlook. The firm’s base case is that Bitcoin may attain roughly $140,000 by the end of 2026, with an upside state of affairs of about $175,000.
Separately, Joseph Vafi at Canaccord Genuity reiterated a Buy score on May 7, lifting his MSTR price goal from $185 to $224. Canaccord famous that since Bitcoin has rebounded—shifting up from its roughly $62,000 low to more than $80,000—Strategy has continued to “climate another perceived storm.
Featured image created with OpenArt, chart from TradingView.com
Stay up to date with the latest trending crypto news! Visit our web site daily for the freshest Crypto news and content, rigorously curated to keep you informed.
