Bitcoin’s Influence: Unpacking Strategy’s Impact on Market Prices

The impact of large-scale Bitcoin investments by companies like Strategy has been a subject of intense scrutiny in the crypto market. New research from TD Cowen suggests that despite significant purchases by Strategy, their buying activity may not be having the expected effect on market prices. Their analysis shows Strategy’s weekly Bitcoin acquisitions only represent a small fraction of overall trading volume, indicating a limited impact on price movements. Let’s delve into this analysis to understand how it all shakes out.