MicroStrategy: Board Authorizes BTC Sales Program

MicroStrategy board authorized a BTC monetization program allowing sales up to $1.25 billion to fund USD reserves, cover preferred dividends and interest, or repurchase Digital Credit Securities and class A shares.

Price action at $60225.13 sits inside Bollinger Bands with upper resistance at $60813.97 while the bearish structure keeps EMA50 at $61191.73 and EMA200 at $66165.1 as overhead caps; RSI at 47.66 shows neutral momentum yet MACD golden cross at -349.15 hints at short-term relief that could test the lower band support near $59363.18 before any continuation, shaping near-term BTC price prediction models and crypto treasury management flows amid ongoing corporate BTC holdings impact discussions.