MicroStrategy: Buys 34K BTC for $2.54B | Flash News Detail | Blockchain.News
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4/20/2026 12:08:00 PM

MicroStrategy: Buys 34K BTC for $2.54B

MicroStrategy: Buys 34K BTC for $2.54B

MicroStrategy snaps up 34,164 BTC worth $2.54B at $74,395, marking largest weekly buy in 1.4 years, now holding 815K BTC amid unrealized losses.

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MicroStrategy, led by Michael Saylor, just loaded up on another 34,164 BTC for $2.54 billion at an average of $74,395 per coin last week—the firm's biggest weekly haul in nearly 1.4 years. This ramps up their total stash to 815,061 BTC, valued at $61.24 billion with an average entry of $75,527, leaving them nursing a slim unrealized loss of $317 million or -0.52%. Drawing from Saylor's relentless BTC accumulation strategy, this move echoes their history of aggressive buys even through volatility, positioning the company as a key player in crypto market trends while betting big on long-term Bitcoin price prediction upside amid echoes of past accumulations like those in early 2025.

On the 4-hour BTC chart, price action clings to $75,508.15, riding a bullish trend with the EMA50 at $74,482.74 acting as immediate support and the EMA200 at $71,764.58 reinforcing the floor for any dips. Momentum sits neutral at RSI 52.76, but the MACD death cross at 37.5 signals bearish pressure that could force a test of lower Bollinger support at $73,810.66—yet with price trading inside the bands and upper resistance at $77,826.41 in sight, confluence points to a potential squeeze higher if buyers defend the 50-EMA, especially as Bitcoin hype mirrors viral trends like TAO in the broader market.


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