MicroStrategy Continuously Buys Bitcoin to Minimize Market Disruption
MicroStrategy's corporate treasurer Shirish Jajodia revealed how the company accumulates Bitcoin without disrupting market prices.
The firm purchases Bitcoin continuously, proportional to their cash reserves, around the clock and every day. They adjust their timing based on market conditions, accelerating purchases during price declines.
MicroStrategy holds 629,376 Bitcoin worth approximately $70.85 billion, making them the largest corporate holder of Bitcoin. This strategy is in line with Michael Saylor's approach, who buys Bitcoin only with money he 'can't afford to lose', emphasizing long-term holding over short-term price movements.