MicroStrategy: Acquires 535 BTC for $43M

MicroStrategy snapped up another 535 BTC for roughly $43.0 million at an average price of $80,340 per coin, pushing their year-to-date BTC Yield to 9.4% in 2026. As of May 10, the firm holds 818,869 BTC, acquired for about $61.86 billion at an average of $75,540 per bitcoin, signaling relentless accumulation in a market eyeing fresh highs amid crypto market volatility and Bitcoin holdings updates.

Zooming into the 4-hour BTC chart, price action clings to a bullish structure with the EMA50 at $80,276.14 acting as immediate support and the EMA200 at $76,471.46 providing a deeper safety net for any pullbacks. Momentum holds neutral at an RSI(14) of 54.13, while the MACD(12,26) golden cross at 236.73 screams upside conviction; yet with BTC trading inside Bollinger Bands—upper resistance at $81,798.98 capping gains and lower support at $79,699.07 offering a floor—a tactical dip to test that EMA50 confluence could flush out weak hands before resuming the grind higher, especially as institutional hype around Bitcoin mirrors recent TAO token surges.