MicroStrategy Executive: Our Constant Bitcoin Buys Don't Sway Market
MicroStrategy, a pioneer in corporate Bitcoin treasury strategies, continues its aggressive and "around the clock" acquisition of the digital asset. Despite the seemingly relentless nature of these purchases, Shirish Jajodia, the company's Corporate Treasurer, asserts that MicroStrategy's consistent buying activity does not "move the price" of Bitcoin on the open market.
MicroStrategy's Systematic Accumulation
Jajodia provided insight into the firm's operational approach, explicitly stating, "We’re actually buying Bitcoin around the clock. Almost every day, every hour, every second." This continuous, systematic accumulation underscores MicroStrategy's deep-rooted, long-term conviction in Bitcoin, a strategy prominently championed by its founder, Michael Saylor. This methodology suggests a highly disciplined, and likely automated, dollar-cost averaging strategy. Its primary design is to steadily build their substantial Bitcoin holdings without attempting to time market fluctuations or create artificial price movements.
The statement from MicroStrategy's treasurer is significant, as the company is one of the largest corporate holders of Bitcoin, often seen as a bellwether for institutional adoption. This suggests their investment philosophy centers on sustained accumulation rather than attempting to generate short-term market impact with large, infrequent orders. While MicroStrategy's overall Bitcoin holdings now comprise hundreds of thousands of BTC, the individual transactions contributing to this colossal total are evidently designed to be discreetly absorbed by the market's daily liquidity, preventing noticeable price volatility from each specific purchase. This methodical approach aims to minimize disruption while maximizing long-term exposure.