MicroStrategy: Buys 520 BTC as Losses Hit $9B

MicroStrategy (MSTR) purchased 520 BTC last week for $34.87 million at roughly $67,068 per coin, expanding its treasury to 847,363 BTC valued at $55.01 billion with an average cost of $75,651 and $9.093 billion in unrealized losses.

Bitmine (BMNR) simultaneously acquired 52,203 ETH for $91.43 million at about $1,751 each, bringing its stack to 5,672,956 ETH worth $10.007 billion against a $3,407 cost basis and $9.32 billion in paper losses.

Price action on the 4h chart shows BTC trading at $65,082.7 inside the Bollinger Bands with upper resistance at $65,086.83; the EMA50 at $64,188.35 offers immediate support while the EMA200 at $68,432.21 caps upside, and the MACD golden cross at 105.86 keeps the structure bullish even as RSI at 60.34 signals room before overbought conditions trigger a pullback to that 50-EMA level.