On April 21, according to a TD Cowen research report, despite Strategy's growing influence as a major corporate holder of BTC, its large-scale cryptocurrency purchases seem to have almost no impact on its price.
Based on TD Cowen's analysis, Strategy's BTC purchases typically account for only 3.3% of weekly trading volume. Over the past 27 weeks, the company's total trading volume represented 8.4% of the volume, but this figure is skewed by occasional spikes of over 20% in a few weeks. In eight of those weeks, Strategy did not buy any BTC at all. (CoinDesk)





