As far as my silly little data experiment goes here, there isn't a correlation between negative or positive price swings and Strategy's buys of bitcoin.
Saylor persistently buying coins is priced in so the price doesn't' move on the news
I agree, although I wonder how this can be the case. In a month like December, there were two weeks with tiny buys and two weeks with monster buys. In a month like October there were really only rather small buys, announced on a weekly basis.
How do you figure people interested in trading Strategy's buys manage to know which kind of week it will be ahead of time? (I assume that people in the business hear about these things and so I assume that the effects of the trade do show up in exchange prices).
As far as my silly little data experiment goes here, there isn't a correlation between negative or positive price swings and Strategy's buys of bitcoin.
I agree, although I wonder how this can be the case. In a month like December, there were two weeks with tiny buys and two weeks with monster buys. In a month like October there were really only rather small buys, announced on a weekly basis.
How do you figure people interested in trading Strategy's buys manage to know which kind of week it will be ahead of time? (I assume that people in the business hear about these things and so I assume that the effects of the trade do show up in exchange prices).