"Strategy, Buying Bitcoin Almost Every Moment... Mitigating Market Shocks through Dollar-Cost Averaging"

Shirish Jajodia, Chief Corporate Finance Officer at Strategy, stated, "Strategy is buying Bitcoin almost every moment."

Jajodia said on the Coin Stories podcast on the 21st (local time), "We actually buy Bitcoin 24 hours a day, every day, every hour, every second," adding, "We adjust our buying speed depending on market conditions, but most of the time we are participating in the market."

He explained, "If the price drops, we see it as an opportunity to buy even faster," adding, "However, we utilize OTC windows and dollar-cost averaging to ensure that large-scale purchases do not directly impact the market price."

Since starting to accumulate Bitcoin in 2020, Strategy now holds 629,376 Bitcoins, which amounts to approximately $70.85 billion. Some analysts claim that large-scale accumulation drives up the price of Bitcoin, but in reality, the price trend immediately after purchases has been mixed.

For example, after Strategy purchased about 55,000 Bitcoins (worth $5.4 billion) during November 18-24 last year, Bitcoin reached an all-time high of $106,000 on December 17. In contrast, when they acquired 21,021 Bitcoins worth $2.16 billion on July 29 this year, the price dropped by about 4% within four days to $113,320.