Strategy Bitcoin purchases show minimal effect on BTC price

Weekly Bitcoin (BTC) purchases by Strategy have little to no measurable effect on BTC’s market price, according to VanEck’s head of digital assets research Matthew Sigel. He pointed out that Strategy-related only accounted for 8. 4% of average weekly volume, a figure skewed by four weeks where purchases exceeded 20%. However, Strategy represented just 3 source: https://cryptoslate.com/insights/strategy-bitcoin-purchases-show-minimal-effect-on-btc-price/