MicroStrategy: Holds 840447 BTC as Bitmine Buys ETH
MicroStrategy retains 840447 BTC at $53.45B with 15.6% loss while Bitmine adds 9926 ETH; BTC tests $63621 resistance at $63723.
SourceAnalysis
MicroStrategy skipped BTC sales last week yet continued unloading shares to build cash reserves, while Bitmine acquired 9926 ETH for $18.77 million at roughly $1891 each.
Strategy (MSTR) now controls 840447 BTC valued at $53.452 billion against an average cost of $75385, posting a $9.904 billion unrealized loss of 15.6 percent. Bitmine (BMNR) expanded its stack to 5815164 ETH worth $11.06 billion at an average cost of $3366, reflecting an $8.513 billion unrealized loss of 43.5 percent.
BTC price action at $63723.56 tests upper Bollinger resistance at $63621.58 while the 50-EMA at $63558.7 and 200-EMA at $63694.9 converge as layered support; MACD golden cross at -19.48 keeps the bullish structure intact even as RSI at 60.33 signals neutral momentum, suggesting any near-term pullback would likely target the 50-EMA before continuation.
余烬
@EmberCNAnalyst about On-chain Analysis