MicroStrategy: Adds $150M USD Reserve, Repurchases $132M STRC
MicroStrategy adds $150M to USD Reserve and repurchases $132M STRC, lifting duration to 2.8 years with 840,447 BTC held.
SourceAnalysis
Strategy added $150M to its USD Reserve and repurchased $132M of $STRC, extending USD Duration to 2.8 years while tightening the STRC BTC Credit spread to 114 bps.
BTC trades at $63541.55 inside the Bollinger Bands on the 4h chart, pressing the upper resistance at $63571.09 with RSI at 55.53 and a MACD golden cross offsetting the bearish EMA structure; this setup points to a likely test of EMA50 support at $63551.56 before any extension, shaping BTC price prediction amid institutional Bitcoin adoption rather than crypto market crash signals.
Michael Saylor
@saylorMicroStrategy's founder and Bitcoin advocate, pioneering institutional crypto adoption while sharing free education through saylor.org.