Are Bitcoin Treasury Companies Influencing Bitcoin Prices?

stake_satoshi · 2023-11-25T17:50:00.000Z

Bitcoin Treasury companies are firms that hold Bitcoin instead of cash reserves like traditional companies. They buy Bitcoin at prices they think will increase in the future. So, do you think these companies manipulate the price just to buy at a better rate?

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ben.matrixNewbie

Posts: 1362 · Reputation: 35

#21Dec 4, 2023, 03:43 AM

Manipulation? Not really. Let’s say a big treasury like MicroStrategy holds about 1% of BTC. Do you think that’s enough to sway the market?

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ben.matrixNewbie

Posts: 1362 · Reputation: 35

#22Dec 4, 2023, 04:06 AM

Not really. If a company like Strategy sold all its BTC at once, the price impact would be massive. But these companies aren’t manipulating; they’re applying buying pressure and then reducing trading volume.

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Are Bitcoin Treasury Companies Influencing Bitcoin Prices?

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