MicroStrategy: Buys 535 BTC at $80K

MicroStrategy (MSTR), the leading Bitcoin treasury firm, acquired 535 BTC last week at an average price of $80,340, shelling out $43 million. This pushes their total stash to 818,869 BTC, valued at $66.398 billion with an average cost basis of $75,540 and unrealized gains hitting $4.54 billion, up 7.3%. Meanwhile, BitMNR (BMNR), the top Ethereum treasury player, bought in at around $2,331 per ETH, signaling institutional appetite persists despite volatility. These moves echo the aggressive accumulation seen in late 2025, when firms like these front-ran the BTC rally toward $140K all-time highs, weaving into broader trends like Bitcoin treasury strategies and BTC price prediction models that eye sustained upside.

From a technical confluence standpoint, Bitcoin trades at $81,306.04 on the 4-hour chart, firmly in a bullish structure with the EMA50 at $80,283.21 acting as immediate support and the EMA200 at $76,473.26 providing a deeper floor for any pullbacks. Momentum holds neutral with RSI(14) at 55.93, avoiding overbought extremes, while MACD(12,26) flashes a bullish golden cross at 251.09, confirming upward strength. Price hugs the upper Bollinger Band resistance near $81,824.55, with lower support at $79,691.50—confluence here suggests exhaustion could trigger a quick dip to test the EMA50 before resuming the grind higher, much like the consolidations that fueled Q1 2026's crypto market momentum and BTC treasury accumulation trends.