MicroStrategy: $2.55B Reserves Signal BTC Liquidity Move

MicroStrategy holds $2.55 billion in USD reserves covering 18 months of interest payments and launched a Digital Credit Capital Framework that opens the door to selling up to 20,600 BTC for $1.25 billion at prevailing prices near $59901 while authorizing as much as $1 billion in stock repurchases. On the 4h chart BTC sits inside a bearish trend with price below the EMA50 at $61179 and the EMA200 at $66162, yet the MACD has printed a bullish golden cross at -375 while RSI at 44.17 remains neutral; the market trades inside the Bollinger bands, so any push toward upper resistance at $60799 would likely exhaust before a retracement tests lower support at $59345.