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BlockBeats News, May 8th, JPMorgan Chase said that, based on the current pace of purchases this year, its Bitcoin Strategy's purchase size for the year could reach around $30 billion, surpassing the levels of around $22 billion in 2025 and 2024.
The Strategy has already added 145,834 bitcoins this year, worth around $11 billion, with most of the purchases occurring when the bitcoin price was below its average purchase price of around $75,000. JPMorgan Chase also noted that the Strategy's premium to net asset value has expanded to around 26% in the past two months, helping it increase its holdings through equity and debt financing.
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