MicroStrategy: Buys 535 BTC for $43M | Flash News Detail | Blockchain.News
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5/11/2026 1:21:00 PM

MicroStrategy: Buys 535 BTC for $43M

MicroStrategy: Buys 535 BTC for $43M

MicroStrategy adds 535 BTC worth $43M at $80,340, boosting holdings to 818,869 BTC valued at $66.55B with $4.7B unrealized profit.

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Analysis

Michael Saylor's MicroStrategy snapped up another 535 BTC for $43 million at an average of $80,340 last week, pushing their total stash to 818,869 BTC now worth $66.55 billion. Bought at a blended cost of $75,540 per coin, the firm sits on $4.7 billion in unrealized gains, up 7.59%—a classic accumulation play amid Bitcoin's relentless climb, echoing their aggressive buys over the past year that capitalized on dips below $70,000.

On the 4-hour chart, BTC trades at $80,977.28 in a clear bullish structure, hugging the EMA50 support at $80,270.31 while the EMA200 at $76,469.98 anchors the longer-term floor. MACD's golden cross at 224.87 signals sustained momentum, but with RSI at 52.5 in neutral territory and price probing the upper Bollinger Band resistance near $81,782.37, expect some consolidation—likely a pullback to test the lower band support at $79,700.80 before resuming the uptrend, especially if institutional flows like this keep fueling BTC price prediction models toward six figures. This confluence screams opportunity for traders eyeing crypto market trends and Bitcoin accumulation strategy, much like the hype around TAO in decentralized AI plays.


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