It has been found that Bitcoin has had mixed behavior around Strategy’s most important purchases, with some cases where Bitcoin increased, and others where it decreased after a Strategy buy.
On Nov. 25, 2024 the company said it had acquired about 55,000 Bitcoin for $5.4 billion between Nov. 18, 2024 and 24, 2024 at an average price of $97,862 per coin.
Just a few weeks later, on Dec. 17, 2024 Bitcoin reached an all-time hike above $106,000, following a broader rally following President Donald Trump’s US election victory, CoinMarketCap data shows.
Another instance, on July 29, 2025 Strategy bought 21,021 BTC for about $2.46 billion, yet within four days the price fell nearly 4%, sliding to $113,320 by Aug. 2.
But with all this, traders and investors still get fulfillment when Saylor posts a Bitcoin price chart in the hopes the company will announce another large Bitcoin purchase.
https://cointelegraph.com/news/michael-saylor-s-strategy-does-not-move-the-price-of-bitcoin-exec