Michael Saylor’s Bitcoin Purchases Don’t Affect Market Price: Executive Explains

Michael Saylor, CEO of MicroStrategy, the largest corporate holder of Bitcoin, claims his company’s Bitcoin acquisitions do not influence the cryptocurrency’s price. Shirish Jajodia, Strategy’s corporate treasurer and head of investor relations, made this statement on the Coin Stories podcast. Jajodia explained that the firm structures its purchases to avoid impacting the market price.