MicroStrategy: Saylor Details $48 Billion BTC Equity Gain
MicroStrategy added 716000 BTC after raising $60B, now holding $48B equity over debt while Bitcoin trades at $63669 with bearish EMA structure.
SourceAnalysis
MicroStrategy turned a near-death capital structure into a $48 billion surplus after raising over $60 billion and accumulating an additional 716000 BTC since the October 2022 speech when holdings stood at 130000 BTC valued near $2.6 billion.
Bitcoin currently prints $63669.31 on the 4h chart inside a bearish trend defined by EMA50 resistance at $64153.53 and EMA200 far overhead at $68696.4; the MACD golden cross at -390.54 hints at building momentum while RSI at 47.47 remains neutral and price sits comfortably inside the Bollinger band with upper resistance at $65656.76 and lower support at $61798.37, suggesting any push toward the upper band will likely meet supply before a measured retracement tests the 50-EMA confluence.
Michael Saylor
@saylorMicroStrategy's founder and Bitcoin advocate, pioneering institutional crypto adoption while sharing free education through saylor.org.