Data highlights that Bitcoin holders have a negligible impact on the Bitcoin market price

Keyrock’s analysis shows Bitcoin treasury firms contribute only 0.59% to daily BTC price changes. Despite holding significant amounts of Bitcoin, their long-term strategies limit influence on short-term market movements.

Publicly traded firms like MicroStrategy command high premiums over their Bitcoin exposure, with MicroStrategy at 91.3%. Their stock prices reflect market sentiment more than Bitcoin’s actual value, indicating investor demand influences pricing.