Why Strategy’s Bitcoin Buying May No Longer Be Driving Prices Higher

24-Jun-2026 The Crypto Basic

Why Strategy’s Bitcoin Buying May No Longer Be Driving Prices Higher

Recent analysis from CryptoQuant founder Ki Young Ju has reignited debate around whether Strategy (formerly MicroStrategy) should continue aggressively accumulating Bitcoin at current levels. While the company remains the largest corporate holder of Bitcoin, the latest data suggests that persistent buying may no longer be acting as a meaningful price catalyst and could instead be functioning as a liquidity sink in a market struggling to establish a new directional trend.

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