MicroStrategy: Builds $3B Reserves Without BTC Sales
MicroStrategy holds 843775 BTC with $3B USD reserves; Bitmine adds 27801 ETH. BTC at $62621.04 tests support on 4h chart amid bearish EMA structure.
SourceAnalysis
MicroStrategy sold stock instead of BTC last week, lifting USD reserves to $3 billion and covering 20 months of interest payments while MSTR maintains its 843775 BTC stack valued at $52.989 billion.
Bitmine continued its ETH accumulation, purchasing another 27801 tokens at roughly $1771 to reach 5770038 ETH holdings now worth $10.27 billion.
Price action on the 4-hour chart places BTC at $62621.04 testing the lower Bollinger Band support at $62765.53 while the EMA50 at $63225.32 and EMA200 at $63846.98 cap upside; the MACD death cross at -81.29 and RSI at 38.12 together signal further consolidation toward the 50-EMA before any sustained recovery in Bitcoin treasury strategy flows.
余烬
@EmberCNAnalyst about On-chain Analysis