Strategy, the largest corporate holder of Bitcoin, claims its buys do not influence the price of Bitcoin, according to Shirish Jajodia, company treasurer. Strategy holds 629,376 Bitcoin worth $70.85 billion, acquired without moving the market. Purchases are managed to avoid price impact through OTC desks for privacy and liquidity.

Bitcoin’s behavior around Strategy’s purchases has been mixed, with some instances of price rise and fall after buys. On Nov. 25, Strategy acquired 55,000 Bitcoin for $5.4 billion, average price $97,862 per coin. Bitcoin reached an all-time high above $106,000 on Dec. 17 after another buy. Traders hope for more large purchases.

Jajodia says Strategy is buying Bitcoin continuously, adjusting timing based on market conditions. If prices drop, the firm moves quickly to capitalize. Despite price fluctuations, Strategy continues to accumulate Bitcoin, with Saylor leading the charge to stack as much Bitcoin as possible, regardless of the price.

Read more at Cointelegraph: Saylor’s Strategy Does Not Aim To Influence Bitcoin’s Price