According to ChainCatcher, citing a CoinDesk report based on TD Cowen's research, 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 weeks when buying volume briefly spiked above 20%. In eight of those weeks, Strategy did not purchase any BTC at all.
