@davidiemorris2p

Corporate treasury reserve announcements significantly affect Bitcoin because they validate institutional adoption. When large companies reveal Bitcoin purchases, it signals confidence in digital assets as part of long-term strategy, often triggering bullish sentiment. Such moves inspire other firms to consider similar diversification, creating network effects. Conversely, selling announcements or write-downs erode confidence, suggesting weak conviction. These events gain mainstream media coverage, amplifying their psychological impact. While individual purchases don’t drastically alter supply, they shape narrative momentum. Overall, corporate treasury actions bridge traditional finance and crypto, making them influential drivers of Bitcoin’s price direction and broader market sentiment.

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