So, we all know that Bitcoin Treasury companies are those firms that keep Bitcoin as part of their reserves instead of just cash like most traditional businesses. They buy Bitcoin at specific prices they believe will be profitable in the long run, then hold onto it to support their company’s value, especially during times of cash inflation.
Here’s my question: are these Bitcoin Treasury companies actually the ones manipulating Bitcoin prices to buy in at a better deal?
Are Bitcoin Treasury companies influencing Bitcoin prices?
19 replies 324 views
falcon_2011Full Member
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#2Feb 22, 2025, 08:46 AM
Do you think they are the only ones buying or selling BTC nowadays, OP?
stack_2017Senior Member
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#3Feb 22, 2025, 02:37 PM
Lots of these companies addresses can be found here (Strategy, MetaPlanet, BitMine, etc.):
https://intel.arkm.com/
Whether the funds are being held by a custodial like Coinbase, or by the companies themselves, I don't believe that them doing any market manipulation could go unnoticed.
They also don't need to, because like you said, they're in it for the long term.
cryptobridgeSenior Member
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#4Feb 25, 2025, 12:43 AM
What do you mean by manipulation?
Most if not all, companies that has Bitcoin reserve makes their wallet address public, this is for transparency and talks like this, there is no way their Bitcoin are move without chain analyst seeing their activities, most often what they do majorly is buy and buy. You can check Arkham to see top companies that has Bitcoin reserve.
You want to know about companies that manipulate the Bitcoin market? Here is one exchange company axiomexchange exposed by ZachXBT yesterday, they have been doing insider trading for long time.
There are many more of this exchanges that are manipulating the Bitcoin market and the crypto market all together, some of them are good at hiding behind their centralized system until they are been investigated before you know what's happening behind the scenes.
They are the same participants albeit with bigger bags and dreams, with longer timeframes and so on.
I don't see them as manipulators, more like the face of the smart money flowing.
eric_diamondFull Member
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#6Feb 25, 2025, 09:23 AM
And how can they accomplish that? Insider Trading?
As you have said they are here for the long haul, so it doesn't matter what the price will be, as long as they are buying and HODL then they will be profitable. And we are talking here of big companies, there are SEC filing so everything is transparent, not just in blockchain.
If body like SEC or CFTC found out a slightest thing that they are manipulating it, then investigation will come. And this companies doesn't like that because it will have a negative connotations to their investors. In short, there are risk for them to even think of manipulating the price of Bitcoin.
bitcoin price can not be controlled by anybody, not even organisations or government have the power to manipulate the price of bitcoin. Bitcoin is decentralised in nature meaning nobody can be able to control the price of bitcoin. If such organizations as you have said can be able to manipulate the price to suit them it simply means bitcoin isn't decentralised as it was said to be . However no organisation can be able to manipulate the price of bitcoin to suit them.
max.wizardFull Member
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#8Feb 25, 2025, 06:46 PM
They don't manipulate it, they affect it, that they can do, that's certain fact.
diamond_atlasSenior Member
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#9Feb 25, 2025, 11:19 PM
There are other websites with information on Bitcoin Treasuries for companies, nations, etc. and these sites can help with basic information, before using Arkham Intelligence site for checking on chain information.
https://bitcointreasuries.net/
https://bitbo.io/treasuries/
https://www.bitcoinmagazinepro.com/charts/bitcoin-treasury-public-listed-companies/
Lol price? Not really. Don't confuse bitcoin price with the coin itself. Bitcoin is a decentralised system which cannot be controlled by anyone, but it's price, surly can..
It's not a new thing, we saw many manipulations last year, especially during the early December that caused a lot of havoc for trades..
It may not necessarily be called manipulation but big institutions, government have been influencing the price of bitcoin for some time now. They have successfully liquidated millions of long term traders out of the market in a short period of time.
So yea, regardless of bitcoin not being manipulated it self, its price can and it's all about having enough liquidity. Exchanges are a very good example..
Big players can't move the price if they want and coordinate it? I doubt it
jake.chainSenior Member
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#12Feb 26, 2025, 03:11 PM
That could be an assumption. No one can really know. We wouldn't know if their actions of selling their bitcoins are effect of the market dumping or did they cause it.
This is right. Some are individual holders that simply sell. It is hard to pin point for sure which is the cause of market dumping because it becomes a domino effect.
max.wizardFull Member
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#13Feb 26, 2025, 05:19 PM
Smart money moves in mysterious ways.
Bitcoin is decentralized, but that does not mean everything related to Bitcoin is decentralized
I agree if you say that the Bitcoin network is decentralized, but I disagree if you say that its price is also decentralized. Currently, Bitcoin's liquidity is primarily concentrated in Cexs, and its price depends on cash flow, geopolitical factors, market sentiment...Therefore, the price of Bitcoin can be manipulated or controlled
That's also why, if one organization holds a majority of the Bitcoin supply. They can manipulate its price, but that does not mean they can control the Bitcoin network.
Yes, exactly, I believe this is also their reason why they treat Bitcoin as treasury, not gold or other assets, only Bitcoin. So for me, these companies are really into Bitcoin.
Another thing is they are my inspiration to buy more Bitcoin and hold it for long term, like if they can buy billions worth of Bitcoin, maybe I can buy even few bucks sometimes.
cryptolordFull Member
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#16Mar 1, 2025, 08:57 AM
These companies usually have trackable wallets, so if they make a large sale, it's immediately visible to the public.
Especially considering the size of the Bitcoin market, just think logically about how much money they'd need to spend to move the market, and I don't think it's worth it for them to do so.
So, it's actually pointless for them to manipulate the market, especially when they're here to invest for the long term.
proto_pixelFull Member
Posts: 57 · Reputation: 377
#17Mar 1, 2025, 11:30 AM
Yes some do it for the long term, but some of it will also be sold for the profit they will take from some of the cycles that happen like in the last ATH which reached over $100k
and some big companies started selling and taking profits.
Everything can be found easily with https://intel.arkm.com/, I also use it to do tracing easily and nothing can be hidden if their wallet is known.
This companies aren't the only ones buying and Hodling bitcoin, infact, I don't think this bitcoin treasury companies have the time to manipulate the price of Bitcoin.
If we are to talk about possible manipulators, then we need to look the way of bitcoin ETF companies, companies like Blackrock and other ETF holding companies I believe are the real manipulators of the bitcoin price because they are the ones who are most likely buying and selling bitcoin at every instance and time for their clients.
I can even imagine a situation where this companies create bitcoin out of thin air to sell and dump the price of Bitcoin so they can buy the real bitcoin at cheaper rates, I know this sounds unreal but I've always imagined stuffs like this, and I think there is a possibility of such happening even right under our noses and no one will find out.
No one can really manipulate it enough in terms of supply(If it's the population with the presentation of FOMO, it can happen). Imagine one of the major treasury companies, like MicroStrategy. It approximately holds ~1% of the BTC supply. Do you think it's enough to really manipulate the market? I don't think it's enough unless it is a coordinated strategy across different treasuries, which could cause market manipulation.
I think it's more prone to manipulation if it's with the futures market and the liquidation type of thing events, but I don't think it will be manipulated in terms of supply.
Not really.
Strategy has almost double the daily trading volume worldwide. If it suddenly put all its Bitcoins up for sale, the impact on the price would be heard in distant galaxies.
But the OP doesn't get it. These companies aren't manipulating anything; on the contrary because when they buy Bitcoin, it's for HODL, which means they apply buying pressure, but once they have bought, they reduce trading volume, which means the price can be driven down with less money. If you add up all the derivatives such as options, swaps, futures, etc., you'll see that today it's much easier to manipulate the price of Bitcoin without the supply and demand of real Bitcoin than it was 5 or 10 years ago but Bitcoin Treasury companies aren't the ones manipulating it.
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