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Discover Ludwig"buy up" is correct and usable in written English.
You can use it when expressing buying a lot of something, for example: "The company bought up all the competitor's stock."
Dictionary
Exact(58)
"Buy up, yes," he writes.
"I'll buy up the other spots".
Numis says buy up to 138p.
500 buy up shares of its newest components.
Other firms can buy up to two blocks each.
Private equity firms racing to buy up Arizona real estate.
"They just buy up half a dozen disks indiscriminately.
The government also plans to buy up blue-chip shares.
"We will buy up all the subprime homes.
Similar(2)
He described the international buy-up as appalling.
The OFT is one of several regulators examining the handling of the buy-up.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com