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Stock impact report

Coinbase Says MicroStrategy's Bitcoin Buying Tightens Supply More Than Market Expects [Yahoo! Finance]

Coinbase Global, Inc. - Class A (COIN) 
US:NASDAQ Investor Relations: convertedorganic.com
Company Research Source: Yahoo! Finance
Michael Saylor amplified the sentiment the following day, posting "Impossible to blockade Bitcoin" on X (Twitter). Digital Asset Treasuries Squeeze BTC Float The Coinbase analysis highlights that digital asset treasuries' share of the BTC supply has quadrupled to above 4% over the past two years. MicroStrategy alone now holds 780,897 BTC, making it the largest corporate Bitcoin holder globally. That supply-tightening effect grows stronger as long-term holder accumulation rises and coins continue leaving exchanges. Strategy's buying likely matters most when it facilitates a breakout at a key technical level. Breakout traders, systematic funds, and momentum-driven bots can then reinforce the move. However, Coinbase noted the price impact may be limited. Anticipated buying, ETF flows, miner supply, and derivatives hedging can all dilute MicroStrategy's influence on any given trading session. Saylor Reinforces Bitcoin's Uncensorable Design Saylor's post aligns with his lo Show less Read more
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